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Income Tax - Highlights / Catch Notes

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Income from House Property - inclusion of Notional Interest - ...


High Court: Notional Interest on Deposits Excluded from House Property Income for Fair Rent Calculation.

July 13, 2013

Case Laws     Income Tax     HC

Income from House Property - inclusion of Notional Interest - interest accrued on deposit cannot be added to the agreed rent, so as to make a fair rent or market rent - HC

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