House Property

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....ouse Property<br> Query (Issue) Started By: - RAHUL MALHOTRA Dated:- 11-6-2013 Last Reply Date:- 19-11-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hello I stuck in a controversial issue related t....

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....o house property income received by partner from partnership firm. Facts are very similar to case law CIT V. Rasiklal Balabhai [1979]= (1978 (10) TMI 22 - GUJARAT High Court). In previous year, partne....

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....r got Rs. 2,25,000/- as a rent from partnership firm for renting premises by partner that was used by firm to carrying on business.. As per supra case law income earned by partner as a rent is exempt ....

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....but in some other court cases decision aforesaid amt is being taxed. please guide what to do?? Thanks in advance. Regards Rahul 09810267888 Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you....

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.... have got clarified in the above said issue? If not please inform.<br> Discussion Forum - Knowledge Sharing ....