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our company given some panasonic photocopier/printer/scanners on monthly rental basis to the some parties & we are collected D'vat@5% on rent amount, but some of the parties disaggree with us & will not make the payment of tax amount, please clear me that how can I clearify them that we are correct. please explain with sections & ammendmaents.
I guess it will be taxed under income from other sources and not rental income under section 15. Experts plz guide )