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Rent taxable as business receipt as leasing out was part of business activity of firm as per partnership deed
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Corporate Tax
Rent taxable as business receipt as leasing out was part of business activity of firm as per partnership deed
Posted on
on
March 22, 2017
Tenet Tax Daily March 20 2017
By
tenettax-team
Corporate Tax
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House given to wife for inadequate consideration could be attached to recover tax dues of husband
No penalty on Foreign Co. due to false claim of not having any Indian PE when existence of PE was debatable
