Home / 
Rental Income Classified as Business Income with Depreciation Allowed; Section 24(a) Deduction Denied.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Taxability of Rental income earned from lease of building - AO and CIT(A) treated the rental receipts as income from business or profession and also directed to grant deprecation on the building - claim of deduction u/s 24(a) not allowed - AT....