Denial of claim of exemption u/s 80P(2)(a)(i) – Letting out of ...
Exemption Denied: Letting Out Surplus Space Doesn't Qualify for Deduction u/s 80P(2)(a)(i) of Income Tax Act.
October 16, 2014
Case Laws Income Tax AT
Denial of claim of exemption u/s 80P(2)(a)(i) – Letting out of surplus space in the building owned and used by the assessee is not such an activity falling under clause (c) - the assessee is not entitled for deduction u/s. 80P of the Act - AT
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