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Company Exempt from Tax on Notional Rent for Property Used by Partnership Firm u/s 22 of Income Tax Act.
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....Notional rent - income from house property u/s 22 - The assessee is a Private Limited Company and is a partner in a Partnership Firm which carries on business from the same premises which is owned by the assessee - Notional rent is not chargeable to tax in this case - AT....