ITAT: Rent From Hoardings Received by Co-operative Housing Society Taxable as ‘House Property Income’ - 04.10.2017

In an important ruling, Ahmadabad bench of ITAT has held that the rent received by a Co-operative housing society by letting out space for hoardings are taxable under the head ‘Income from House Property’ under the Income Tax Act, 1961.

Tags : ITAT Income from House Property Income Tax Act 1961

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