The Pune bench of the Income Tax Appellate Tribunal (ITAT), has recently held that the license fees received for the use of the Industrial Parks should be assessed as business income. While dismissing a departmental appeal, the Tribunal held that such income should not be treated as the income from house property according to the […]
The post License Fees for use of IT Parks Assessable as ‘Business Income’: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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