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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Income from House property or business income - allow the sister ...

Case Laws     Income Tax

October 16, 2015

Income from House property or business income - allow the sister concern to use of premises - The assessee was able to reduce its losses and get better financial results. Thus the intention of the assessee was for the purpose of business and not to earn rental income - claim of depreciation also allowed - AT

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