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2001 (9) TMI 33 - HC - Income TaxExtract: .......al income received by the assessee from properties owned by it and let out to others was not income from house property and that the same was required to be treated as business income. The question referred to us is, therefore, answered in favour of the Revenue and against the assessee. The Revenue shall be entitled to cost in the sum of Rs. 1,500.
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