Nature of amount received as compensation towards rent out ...

Mense profit from property rental is considered capital, not revenue, and is not taxable.

December 13, 2017

Case Laws Income Tax AT

Nature of amount received as compensation towards rent out property - Mense profit - Mense profit is not revenue receipt but capital in nature - not taxable - AT

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Nature of amount received as compensation towards rent out ...

Mense profit from property rental is considered capital, not revenue, and is not taxable.

December 13, 2017

Case Laws Income Tax AT

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