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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Since the assessee was the owner of the said main asset, the ...

Case Laws     Income Tax

October 18, 2013

Since the assessee was the owner of the said main asset, the compensation received by the assessee to the extent attributable to the use of building premises is chargeable to tax under the head "income from house property" while the compensation received for other assets and licences is chargeable to tax under the head "income from other sources" - AT

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