2 results for “depreciation”+ Short Term Capital Gainsclear
Sorted by relevance
Key Topics
Bench: the query raised by the assessing authority vide questionnaire issued under section 142 (1) dated 23.01.2021, in assessment proceedings for the AY 2018-19.
short periods. The income from these properties was also disclosed on a net basis i.e. after deducting all the expenses including the salaries of the managers. In respect of one house property i.e. Shop at M.G. Marg, Civil Lines, Allahabad, the ld. AO observed that the assessee had let out the same to Kashi Ornament House, received a rent