rent or business income

  • Income Tax

Maintenance charge received from tenants held income from Business / Profession

Maintenance charge income received from tenants held income from business or profession not income from house property. ABCAUS Case Law…

11 months ago
  • Income Tax

Rent from warehouse as per agreement terms was not rental income – ITAT

Receipts for carrying out warehouse operations as per the terms of agreement was not rental income but were business receipts…

2 years ago
  • Income Tax

House Property Rent or Business Income-Activity not ownership is decisive.

House Property Rent or Business Income-Activity not ownership is decisive. ITAT Chennai, following Supreme Court Judgment upheld bifurcation of rent…

8 years ago