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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Rental income received from Directors - Even though assessee has ...

Case Laws     Income Tax

June 23, 2018

Rental income received from Directors - Even though assessee has offered the income under the head "business and profession‟, however, no depreciation has been claimed as per I.T. provisions - The company is not doing any sort of business from many years. - Taxable as income from house property.

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