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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Addition of surrender of tenancy rights – the amount received ...


Surrender of Tenancy Rights Considered Capital Gain for Tax, Not Income from Other Sources.

June 20, 2014

Case Laws     Income Tax     AT

Addition of surrender of tenancy rights – the amount received against the transfer of tenancy is assessable as capital gain and not income from other sources - AT

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