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Advanced Income Tax Act 2025
A shopping mall letting its space to tenants to use for a consideration to say leasing or renting falls under which service?
I think thats:
65 (105) (zzzz)- Renting of Immovable property.
The renting of space of a Shopping Mall is taxable under the service head "Renting of Immovable Property".
Regards,
Devendra Kulkarni
Thanks all!
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