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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Rental income earned from terrace floor/roof area - exploitation ...

Case Laws     Income Tax

April 20, 2015

Rental income earned from terrace floor/roof area - exploitation of the licensed space - terrace floor cannot exist in the air. It is part of the building which has been constructed on the land beneath the super-structure - taxable as income from house property - HC

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