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Rental income taxable as business income if assessee has shut down its main business activity
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Corporate Tax
Rental income taxable as business income if assessee has shut down its main business activity
Posted on
on
April 17, 2018
Tenet Tax Daily April 17 2018
By
tenettax-team
Corporate Tax
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HC set-aside sec. 271(1)(c) notice issued after expiry of prescribed limitation period
No exemption if agricultural land inherited from father was sold after converting it into residential plots