Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 118 - AT - Income TaxNature of income - treatment to rent from building as well as service & amenity charges - income from House property or income from other sources - Held that:- Mere splitting of rent is not decisive of the issue and each case has to be decided in the light of the facts and circumstances of each case. Keeping in mind above principles laid down in the judicial pronouncements, we are of the view, that in the facts and circumstances of the present case, the rent for use of building as well as maintenance/amenity charges has to be considered as income from house property. We, therefore, do not find any infirmity in the order of the CIT(A). See case of H&M Housing Finance & Leasing P. Ltd. [2011 (6) TMI 967 - ITAT MUMBAI]
|