Income earned from property if business income or income from house property primarily depends upon the objects / main business…
Accepting rental income from commercial complex as business income instead of house property was erroneous and prejudicial to the interest…
Receipts for carrying out warehouse operations as per the terms of agreement was not rental income but were business receipts…
Rent of shops let out in shopping Mall if business income or income from house property – SC dismissed Revenue’s…
Facility service charges apart from house rent taxable as business income. Amount received was for specific services like housekeeping, security,…
Business or House Property income-Onus was on assessee to show that out of income or substantial income was from letting…
House Property Rent or Business Income-Activity not ownership is decisive. ITAT Chennai, following Supreme Court Judgment upheld bifurcation of rent…