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2017 (3) TMI 139 - AT - Income TaxCompensation received from tenanted premises - treated as income from House property OR business income - Disallowance of Expenses incurred against the other operating income - Held that:- The amount received by the assessee on account of subletting the property is only income from house property and has to be treated as such. In such circumstances there is no justification of allowing expenses against the house property income other than that provided as deduction under the scheme of computation of house property income. Accordingly the order's of the learned CIT-A is a reasonable one and doesn't need any interference on our part. - Decided against assessee
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