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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Income from house property - moment the commercial surcharge is ...


Rental Income Taxable Once Commercial Surcharge Recovered, Agreement Provisions Irrelevant for House Property Income.

November 28, 2012

Case Laws     Income Tax     HC

Income from house property - moment the commercial surcharge is recovered irrespective of the provisions of the agreement entered into by and between the landlord and tenant it immediately become exigible to tax as rental income - HC

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