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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Receipt of agency commission - amount related to renting out of ...


Agency Commission from Property Rentals Classified as Business Income for Tax Purposes, Not House Property Income.

July 12, 2018

Case Laws     Income Tax     AT

Receipt of agency commission - amount related to renting out of property - nature of income - house property or busniss income - said receipt of agency commission would squarely fall under the ken of business income.

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