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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Income derived from property held under trust - Provisions u/s ...

Case Laws     Income Tax

August 13, 2019

Income derived from property held under trust - Provisions u/s 11(1)(a) of the Act speaks about the actual receipt of the income and actual expenses incurred for that and deemed income is not to be assessed hence no deemed rent is liable to be assessed in the case of the assessee

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