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2022 (3) TMI 439 - MADRAS HIGH COURTCorrect head on Income - rent received by the assessee from letting out business premises - business income or income from House property - claim of the assessee treating the income received from lease/licencing the business centre as 'business income', was disallowed by the assessing officer by observing that the income received from the house property has to be assessed under the head 'income from house property' - Tribunal allowed the appeals filed by the respondent / assessee, after having held that the income received from commercial asset is to be treated as 'business income' and not 'income from house property' - HELD THAT:- Tribunal being fact finding authority, has passed the well considered order after anlaysing the entire facts and circumstances of the case, in the light of the material evidence placed before it and hence, the same does not call for any interference. See M/S. SSM. ESTATES LTD. [2015 (3) TMI 320 - MADRAS HIGH COURT] - Decided in favour of assessee.
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