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Case Law Details

Case Name : CIT Vs Ascendas IT Park (Chennai) Ltd. (Madras High Court)
Appeal Number : Tax Case (Appeal) Nos. 437 of 2015
Date of Judgement/Order : 19/08/2024
Related Assessment Year :
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CIT Vs Ascendas IT Park (Chennai) Ltd. (Madras High Court)

Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the head ‘Income from Business’ and not under the head ‘Income from house property’.

Facts- The appellant has filed these appea

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