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Rent from letting out of unused business premises is ‘income from house property’ and not business receipt
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Corporate Tax
Rent from letting out of unused business premises is ‘income from house property’ and not business receipt
Posted on
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February 22, 2014
Tenet Tax Daily February 22 2014
By
tenettax-team
Corporate Tax
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Date of service of notice is date of its actual receipt by assessee
Sum paid for transmission of electricity along with maintenance of meters won’t be FTS – sec. 194C attracted