The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the income received by an IT Park for proving space & other services to software companies constitute “ business income ” and not house property income for the purpose of taxation. Assessee is a recognized IT park and had rented it out […]
The post Income Received by IT Park for Proving Space & Other Services to Software Companies constitute ‘ Business Income ’: ITAT appeared first on Taxscan | Simplifying Tax Laws.
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