[aaykarbhavan] Rental income of godown constructed on an agricultural land couldn't be termed as agriculture income

Rental income of godown constructed on an agricultural land couldn't be termed as agriculture income

March 25, 2014[2014] 42 taxmann.com 434 (Delhi - Trib.)

IT : Where assessee-firm having constructed a godown on agricultural land received from partners as their capital contribution, gave it on rent for tenant's business purpose, rental income arising from said godown building could not be regarded as agricultural income

 

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Prarthana Jalan

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