https://www.taxtmi.com/caselaws?id=66081 The Tribunal found that the rectificatory orders were illegal as the income should have been classified as property income, not business income, rendering section 161(1A) inapplicable. Consequently, the original assessments were reinstated, and the appeals were allowed. en-us Fri, 25 Feb 1994 00:00:00 +0530 Mon, 21 Feb 2011 13:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66081 The Tribunal found that the rectificatory orders were illegal as the income should have been classified as property income, not business income, rendering section 161(1A) inapplicable. Consequently, the original assessments were reinstated, and the appeals were allowed. Case-Laws Income Tax Fri, 25 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66081