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Income from letting out property was to be taxed as business income if letting out was main object of assessee
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Corporate Tax
Income from letting out property was to be taxed as business income if letting out was main object of assessee
Posted on
on
November 28, 2017
Tenet Tax Daily November 27 2017
By
tenettax-team
Corporate Tax
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Residential house constructed on commercial land is entitled to section 54F relief
Interest charged at rate more than LIBOR was reasonable if loans were given without any intention to earn income
