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Income Tax - Highlights / Catch Notes

Home Highlights October 2021 Year 2021 This

Correct head of income - lease income received by the assessee - ...


Income from Leasing Shopping Mall and Facilities Classified as Business Income for Tax Purposes.

October 13, 2021

Case Laws     Income Tax     AT

Correct head of income - lease income received by the assessee - the income earned by the assessee by constructing the shopping mall and letting out the same by providing various facilities are amounting to business activity of the assessee and the income earned out of such an activity has to be treated as a business income - AT

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