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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Scope of income from house property u/s 23(1)(a) - The notional ...


High Court rules notional interest on security deposits excluded from annual letting value under Income Tax Act, Section 23(1)(a).

October 22, 2014

Case Laws     Income Tax     HC

Scope of income from house property u/s 23(1)(a) - The notional interest on security deposits cannot be taken into consideration for determining and computing the annual letting value - HC

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