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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Reopening of assessment - the arrears of rent received by the ...

Case Laws     Income Tax

September 5, 2012

Reopening of assessment - the arrears of rent received by the assessee (as mesne profits) could not be brought to tax for the previous years, when they fell due. They could be brought to tax only during the year of receipt - HC

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