If main is to carry on the business of leasing of immovable properties then resultant income is Business Income and not House Property Income: Bombay HC The Bombay High Court (HC) in the case of National Leasing Limited (‘Assessee’) has held that the income derived from leasing of immovable properties should be categorized as…
The post If main is to carry on the business of leasing of immovable properties then resultant income is Business Income and not House Property Income: Bombay HC appeared first on The Tax Talk.
