Thursday, March 25, 2021

Income derived from letting out of built-up space of Industrial park is eligible for Sec. 80-IA deduction

INCOME TAX : Lease rent income received by assessee from letting out of built-up space of industrial park was assessable under head 'income from business'

from www.taxmann.com Latest Case Laws https://ift.tt/3lOU5NO

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...