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2014 (6) TMI 612 - HC - Income TaxIncome from house property or business income - Rule of consistency – Held that:- The income derived has to be treated as income from property - in so far as the office equipments, computers, furniture / fixtures and motor car are concerned, the Tribunal as also the Commissioner referred to the fact that the grievance raised before the Tribunal as also the CIT was considered in the case of the very Assessee - the receipt of the charges for use of office equipments have been rightly termed as business income - the rule of consistency has not been blindly applied by the Tribunal - once the Department has assessed the income for the preceding year as business income, then without anything being brought on record to deviate from the finding, the stand of the revenue cannot be accepted – thus, no substantial question of law arises for consideration – Decided against Revenue.
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