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Sum received by assessee from letting out of office to fulfil financial needs of business is business receipt
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Corporate Tax
Sum received by assessee from letting out of office to fulfil financial needs of business is business receipt
Posted on
on
November 14, 2013
Tenet Tax Daily November 14 2013
By
tenettax-team
Corporate Tax
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Business profits arise when a disguised transaction of sale of shares is opted to transfer a business
If no human intervention is involved, such services cannot be covered under section 9(1)(vii)
