Deduction u/s 80IA - Industrial park - Nature of Income from ...

Commercial Property Rental Income Can Qualify for Business Profits Deduction u/s 80IA, High Court Confirms.

August 5, 2013

Case Laws Income Tax HC

Deduction u/s 80IA - Industrial park - Nature of Income from renting - If they are inseparable and the intention is to carry on the business of letting out the commercial property and carrying at complex commercial activity and getting rental income therefrom, then such a rental income falls under the heading of profits and gains of business or profession. - Deduction u/s 80IA allowed - HC

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Deduction u/s 80IA - Industrial park - Nature of Income from ...

Commercial Property Rental Income Can Qualify for Business Profits Deduction u/s 80IA, High Court Confirms.

August 5, 2013

Case Laws Income Tax HC

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