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2014 (4) TMI 1135 - HC - Income TaxIncome derived from letting out buildings and providing services - whether to be assessed under the head Income from Business? - Held that:- The substantial question of law raised in this appeal is fully covered by the judgment reported in COMMISSIONER OF INCOME TAX-III v/s VELANKANI INFORMATION SYSTEMS (P) LTD [2013 (8) TMI 113 - KARNATAKA HIGH COURT ] In the instant case the assessee-company has engaged in the business of developing, operating and maintaining an industrial park and providing infrastructure facilities to different companies as its business. In view of that, the substantial question of law is held against the Revenue.
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