Appellate enhancement limits protect against new income sources, while documented credits and prior-year investments resist unexplained-income additio...
Rental income received from Directors - Even though assessee has offered the income under the head "business and profession‟, however, no depreciation has been claimed as per I.T. provisions - The company is not doing any sort of business from many years. - Taxable as income from house property.
Rental income received from Directors - Even though assessee has offered the income under the head "business and profession‟, however, no depreciation has been claimed as per I.T. provisions - The company is not doing any sort of business from many years. - Taxable as income from house property.
Note: It is a system-generated summary and is for quick reference only.