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Transit Rent Can t Be Considered As Revenue Receipt , Not Liable To Be Taxed: Bombay High Court

The Bombay High Court has held that Transit Rent is not to be considered a revenue receipt and is not liable to be taxed. As a result, there will be no question of the deduction of TDS from the.

Bombay High Court Monthly Digest: April 2024 [Citations 176

Nominal Index [Citation 176 - 236]Suhas Manohar Wankhede v. Election Commission of India & Others 2024 LiveLaw (Bom) 176Kirloskar Pneumatic Company v. Kataria Sales Corporation 2024 LiveLaw (Bom).

Mumbai: Bombay High Court Clarifies Transit Rent Is Not Taxable Like Normal Rent

Mumbai: Bombay High Court Clarifies Transit Rent Is Not Taxable Like Normal Rent
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