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Commerce · Q129

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 129

Q129

An assesses, after sale of house property, receiving arrears of rent (is/is not) chargeable to tax; the same computed in the stipulated manner, is chargeable to tax as:

A.
Income from House Property
B.
Income from Other Sources
C.
Either A or B
Answer
D.
Neither A nor B

Answer: Option C

Solution

Answer: Option C
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