Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) ruled that the funds received from lease premiums and rent collected on behalf of the Government of Maharashtra are not taxable in…

Continue ReadingTaxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]