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The Central Board of Direct Taxes (CBDT) has made it clear that income from letting out buildings /developed space along with other amenities in an industrial park/special economic zones (SEZs) would only be treated as “business income” and not as “income from house property”.

Neha Malhotra, Executive Director shares her views on aforementioned story for following publications:

  1. Financial Express
  2. Hindu Business Line

Neha Malhotra CBDT2