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2021 (4) TMI 745 - HC - Income TaxCorrect head of income - rental income received by the assessee by letting out properties - 'income from other sources' OR 'income from house property' - HELD THAT:- It is not disputed by the learned counsel on either side that the issue has been decided by the Hon'ble Division Bench of this Court in favour of the assessee and against the Revenue in the appeals filed by the Revenue in the assessee's own case [2020 (8) TMI 21 - MADRAS HIGH COURT] wherein held where the facts of the cases are undisputed that Assessees in the present case carry on the business of earning the rental income, as per the Memorandum of Associations only and the fact is that they were not carrying on any other business, compels us to come to the conclusion that the present appeals of the Assessees are required to be allowed. The same are accordingly allowed and the question of law framed above is answered in favour of the Assessee
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