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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Operational income received from lessee - business income OR ...


Court Examines Whether Lessee's Income Qualifies as Business Income or Income from House Property Under Tax Law.

August 27, 2012

Case Laws     Income Tax     AT

Operational income received from lessee - business income OR house property? - There is nothing on record to suggest that the assessee has exploited the IT Complex as a business venture. - AT

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