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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Any income derived from the nature of activity specified in ...


Income from Section 10(29) activities like leasing godowns for storage or marketing commodities qualifies for tax exemption.

March 20, 2014

Case Laws     Income Tax     HC

Any income derived from the nature of activity specified in Section 10(29) namely, letting of godowns and warehouses for storage, processing, facilitating the marketing of commodities are qualified for exemption - HC

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