Income from Holiday Homes taxable as ‘Other Income’: ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the income received by the assessee, a Co-operative credit society, from holiday homes owned by it is not taxable under the head “income from house property” as the same is taxable under the head “income from other sources” for the purpose […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3039q2N