Search assessment and multiplex lease receipts: incriminating material limits additions, but commercial exploitation supported business income treatme...
Rental income received by the Assessee - owners of the property have allowed the assessee firm to create sub-tenancy with the regard to the premises - assessee is the deemed owner of the premises u/s 27(iiib) - to be taxed as Income from House property and not as Income from Other sources.
Rental income received by the Assessee - owners of the property have allowed the assessee firm to create sub-tenancy with the regard to the premises - assessee is the deemed owner of the premises u/s 27(iiib) - to be taxed as Income from House property and not as Income from Other sources.
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