The Income Tax Appellate Tribunal (ITAT) Ahmedabad has held that income received from Film Exhibition Business that has been leased out to another party should be treated as business income for taxation. The assessee Deep Multiplexes Pvt. Ltd. is engaged in the business of film exhibition. It had filed its return of income on 19.9.2012 […]
The post Letting Out of Property and Furniture for Film Exhibition is a Business Activity: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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