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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. ....

Rustom Pardiwala , Justice Rajeshs Patil , Bombay High Court , Transit Rent , Justice Rajesh , Income Tax Act , For Petitioner ,