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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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  • Rent from letting out of unused business premises is ‘income from house property’ and not business receipt
Posted onon 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

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