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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Income from business or Income from house property – Revenue ...


Court Ruling: Income Classification as Business or House Property Should Remain Consistent to Avoid Litigation Costs.

March 18, 2014

Case Laws     Income Tax     AT

Income from business or Income from house property – Revenue cannot be allowed to flip flop on the issue and it ought let the matter rest rather than spend the tax payers money in pursuing litigation for the sake of it - AT

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