SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Rental income received by the appellant from sub-letting of the "Kantilal House" premises to Bank of Baroda - taxable either u/s.22 or u/s.56 - for the purpose of Sec. 27(iiib) r.w.s. 269UA(f)(i), the assessee was deemed owner of the property and therefore, the stated income was rightly brought to tax by revenue authorities as Income from House Property
Rental income received by the appellant from sub-letting of the "Kantilal House" premises to Bank of Baroda - taxable either u/s.22 or u/s.56 - for the purpose of Sec. 27(iiib) r.w.s. 269UA(f)(i), the assessee was deemed owner of the property and therefore, the stated income was rightly brought to tax by revenue authorities as Income from House Property
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