ITAT: Lease Rental from Commercial Complex Taxable as Business Income, Not House Property Income:

ITAT held that lease rental earned from a commercially exploited complex under a development agreement is taxable as business income and not as income from house property.
ITAT Rules Rental from MSRTC Project Taxable as Business Income

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ITAT: Lease Rental from Commercial Complex Taxable as Business Income, Not House Property Income
ITAT held that lease rental earned from a commercially exploited complex under a development agreement is taxable as business income and not as income from house property.
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Vanshika verma
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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
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