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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Nature of income - Income received from Strand Book Stall for ...


Income from book retailer services like warehousing and mailing is business income, not house property income, for tax purposes.

January 10, 2017

Case Laws     Income Tax     AT

Nature of income - Income received from Strand Book Stall for providing warehousing, binding, shrink wrapping, supervision charges and mailing charges - taxable as business income and not as income from house property - AT

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