[aaykarbhavan] Letting out of property with various amenities is taxable as income from house property and not business income

Letting out of property with various amenities is taxable as income from house property and not business income

December 8, 2014[2014] 51 taxmann.com 52 (Mumbai - Trib.)

IT: Rental income from premises leased out to tenants registered under Software Technology Parks Scheme with amenities/services by way of standby power (DG set), air conditioning water, etc., was assessable as income from house property and not as business income

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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