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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Income from house property - contributions of the tenants of the ...


Tenants' contributions to a sinking fund aren't rental income for property owners, clarifies property law.

April 11, 2018

Case Laws     Income Tax     AT

Income from house property - contributions of the tenants of the property towards sinking fund cannot be assessed as rental income of the assessee. - AT

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