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Rent receipt from spouse is taxable as income from house property and not as income from other sources

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  • Rent receipt from spouse is taxable as income from house property and not as income from other sources
Posted onon July 22, 2015

Tenet Tax Daily July 18 2015

By tenettax-team
Corporate Tax, Individual Taxation

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Vending fee payable to Govt. which will be used to repair machinery is covered under sec. 43B
Cash deposits in saving bank account held a unexplained as assessee failed to prove source of deposits

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