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2011 (10) TMI 479 - HC - Income TaxExemption under 10(29) denied on following category on incomes :fumigation, disinfestations charges, supervisory charges and other misc income on ground that they are not related to warehouse activity - Held That:- When income is derived from letting out of godowns or warehouses to facilitate marketing of commodities and as a consequence of such letting out if the assessee incurs expenditure for facilitating commodities to be marketed by fumigation, disinfestations or for supervision, that income is included u/s 10(29). Thus, order of Tribunal is set aside and exemption u/s 10(29) is granted to assessee. See CIT v. Rajasthan State Warehousing Corpn (1993 -TMI - 19898 - RAJASTHAN High Court) - Decided in favor of assessee.
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