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Discussion > Income Tax > Tax queries >

Corpus funds

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[ Scorecard : 155] 		Posted On 14 April 2012 at 10:34 Report Abuse

Friends I have a query-

           If there is a redevelopment of a Society and a Builder is giving Corpus Fund and also Rent to live Somewhere else till the Redevelopment is Complete, so my query is,the Amount of Corpus Fund and also the Rent Recieved will be taxable in the hands of assessee or not.....

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