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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Rental income from the property - the income does not become ...


Rental Income Not Trade/Business Income if Services Provided Are Insignificant and Incidental to Property Use.

September 13, 2012

Case Laws     Income Tax     AT

Rental income from the property - the income does not become income from trade or business if the hiring is inclusive of certain additional services such as heating, cleaning, lighting or sanitation, which are relatively insignificant and only incidental to the use. - AT

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