Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

Income from sub-leasing taxable as house property income though assessee wasn’t real owner of premises

June 26, 2020[2020] 115 taxmann.com 367 (Mumbai - Trib.)/[2020] 77 ITR(T) 664 (Mumbai - Trib.)
433 Views

INCOME TAX: Where assessee had taken a premises on lease for a long period of time and further given it on lease to a bank for period of more than 12 years, assessee was to be considered as deemed owner of said premises for purpose of section 27(iiib) read with section 269UA(f)(i) and, therefore, lease rental earned by assessee was taxable as income from house property

taxmann.com
Payment
Best view in 1140 x 768