Correct head of income - Rental income - where, in the terms of ...

Court Rules Rental Income as Business Income per Assessee's Main Objective in Memorandum of Association.

September 15, 2020

Case Laws Income Tax HC

Correct head of income - Rental income - where, in the terms of memorandum of association, the main object of the assessee given was to acquire properties and earn income by letting out the same, such income was brought to books as business income and not as income from house properties - HC

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Correct head of income - Rental income - where, in the terms of ...

Court Rules Rental Income as Business Income per Assessee's Main Objective in Memorandum of Association.

September 15, 2020

Case Laws Income Tax HC

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