https://www.taxtmi.com/caselaws?id=63359 The Tribunal upheld the Commissioner's order to assess the income of Rs. 12,000 received by the assessee from letting out property to a firm as income from other sources under section 56, rather than as income from property under section 22. The Tribunal reasoned that since the property was used for the firm's business, it fell under the scope of income from other sources. The Tribunal dismissed the appeal and affirmed the Commissioner's decision to assess the income accordingly. en-us Fri, 25 Feb 1983 00:00:00 +0530 Sat, 29 Jan 2011 15:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63359 The Tribunal upheld the Commissioner's order to assess the income of Rs. 12,000 received by the assessee from letting out property to a firm as income from other sources under section 56, rather than as income from property under section 22. The Tribunal reasoned that since the property was used for the firm's business, it fell under the scope of income from other sources. The Tribunal dismissed the appeal and affirmed the Commissioner's decision to assess the income accordingly. Case-Laws Income Tax Fri, 25 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63359