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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Correct head of income - Receipt by way of an option agreement ...

Case Laws     Income Tax

April 24, 2020

Correct head of income - Receipt by way of an option agreement cannot be assessed under the head income from house property. Once said receipt is not assessable under the head income from house property, and then obviously, it has to be considered under any other head of income, including income from other sources - AT

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