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2017 (2) TMI 160 - AT - Income TaxTreatment to income from leasing of furniture, fixtures, plant , machinery and others - income from house property OR business income - Held that:- Respectfully following the ratio laid down in the case of Chennai Properties & Investments Ltd (2015 (5) TMI 46 - SUPREME COURT ) which squarely cover the instant case, we are, therefore, inclined to set aside the order of the ld CIT(A) and direct the AO to treat the income from amenities and infrastructure as business income and allow the consequential claims of depreciation to the assessee.
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