Computation of lease rental - addition of notional rent on the ...

Court Deletes Notional Rent Additions on Leased Plant & Machinery Due to Lack of Evidence of Higher Rental Income Received.

June 15, 2020

Case Laws Income Tax AT

Computation of lease rental - addition of notional rent on the plant and machinery leased to sister concerns - this is not the case of the AO that higher amount of lease rental was received by the assessee or it has accrued to the assessee - Additions deleted.

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Computation of lease rental - addition of notional rent on the ...

Court Deletes Notional Rent Additions on Leased Plant & Machinery Due to Lack of Evidence of Higher Rental Income Received.

June 15, 2020

Case Laws Income Tax AT

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