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2012 (10) TMI 580 - AT - Income TaxIncome from licence fee - income from house property v/s business income - Held that:- The assessee was the owner of a factory shed measuring 1210 sq. yards out of which he was in possession of an area of 135 sq. yards where he was running a proprietary business of M/s Supreme Auto Works. The remaining portion of the factory premises was found to be in the possession of other persons, from whom, the assessee was charging licence fee. The AO treated the licence fee as income from house property, following the Tribunal orders in the assessee’s own case, for A.Y.s 1990-91 to 1993-94. It is the very same licence fee earned by the assessee during the year under consideration, which is under challenge herein - against assessee.
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