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As Per IT Act Co-owner, Who Invests Major Share In Property

Recently, in ShriIsola Srinivas v. ACIT, the Hyderabad bench of the ITAT held that a Co-owner, who invests major share in a property and if there are evidence that the income from that property accrues to him only, then he shall be deemed as the real owner of the property for the purpose of income […]

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