Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

M/s. KEYARAM HOTELS P. LTD. Versus THE DEPUTY COMMISSIONER OF INCOME TAX, COMPANY CIRCLE II (4) CHENNAI

2015 (12) TMI 306 - SUPREME COURT OF INDIA

Income derived from commercial properties Business income or income from house property - The assessee company is deriving rental income from letting out a commercial complex apart from income from other sources Held that:- The Special Leave Peti .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

all the AO computed the income under the head 'income from house property' - in East India Housing and Land Development Trust Ltd Vs. CIT [1960 (11) TMI 7 - SUPREME Court] the similar matter has been decided - If the income from a source falls with .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nder the specific head described in S.9 - even if the assessee's business was in real estate, the income on letting out of the property was to be assessed as "income from house property - the rental income would not have been realised, but for the le .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version