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2022 (10) TMI 77 - AT - Income TaxIncome from house property - warehouse hire income - income under which the rental from his house property let by the assessee to M.P. Warehousing and Logistics Ltd. for storage purposes is assessable to tax under the Act - HELD THAT:- We, have little hesitation in upholding the claim of the Revenue of the warehouse hire income as assessable as income from house property in the instant case. Though the assessee has placed certain orders by the Tribunal in his paper-book, the same were not referred to during hearing, to form part of the record nor any other argument made. The matter is principally factual, i.e., given the law in the matter, and has accordingly been decided issuing findings of fact. The issue arising is rather covered by the decisions in Indian Warehousing Industries [2002 (9) TMI 90 - MADRAS HIGH COURT] and Nutan Housing Society [2006 (8) TMI 286 - ITAT PUNE-A]which were not distinguished before us, as indeed the decisions in Sultan Bros[1963 (12) TMI 4 - SUPREME COURT], East India Housing and Development Trust [1960 (11) TMI 7 - SUPREME COURT] and Raj Dadarkar & Ass [2017 (5) TMI 586 - SUPREME COURT]all of which find place in the assessee’s paper-book. Decided against assessee.
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