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Sum received from letting out an office space with facilities of cafeteria and conference room was business income
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Corporate Tax
Sum received from letting out an office space with facilities of cafeteria and conference room was business income
Posted on
on
September 6, 2014
Tenet Tax Daily September 06 2014
By
tenettax-team
Corporate Tax
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Profit from sale of agricultural land can’t be included in book profit for the purpose of MAT
Renouncing of right to purchase a property in lieu of a sum was ‘transfer’; to be taxed as capital gains