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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Merely because rental income earned on the property was shown as ...

Case Laws     Income Tax

November 23, 2014

Merely because rental income earned on the property was shown as business income, the property so held as investment cannot be treated as a stock-in-trade of the business ignoring the fact that “real estate business’ is separate from “rental income’ - AT

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