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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Business and interest income - Section 168 - once an income has ...


Income from a deceased person's estate is taxable u/s 168 of the Income Tax Act.

August 6, 2015

Case Laws     Income Tax     AT

Business and interest income - Section 168 - once an income has arisen from the estate of a deceased and there are provisions under the Act mandating the charge thereon, such income cannot go tax free. - AT

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