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2017 (8) TMI 570 - HC - Income TaxIncome from three properties given on rent - business income or income from house property - Held that:- ITAT has taken note of the fact that income from at least two of the three properties in question had been consistently treated as income from house property and accepted as such by the Revenue. Regarding the income from the third of those properties, although a remand was ordered by the ITAT to the AO for redetermination, the Assessee has chosen not to go in appeal since the amount involved was insignificant. The plea of the Revenue that, even in respect of the other two properties, the order should be remanded to the AO does not find favour with the Court. Unless any material change in the circumstances has occurred from the earlier AYs, where the income from the letting of the premises has been consistently treated as income from house property, there was no occasion for a changed stand on the part of the Revenue. - Decided against revenue.
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