https://www.taxtmi.com/caselaws?id=66170 Rental income from buildings constructed by an assessee on leasehold land was held assessable under the head house property because the assessee owned the superstructure during the lease term; incidental amenities such as air-conditioning did not change that character, and the commercial purpose clause in the partnership deed could not override statutory classification. The firm's entitlement to registration was nevertheless sustained because characterisation of the receipts as house property income did not, by itself, negate business activity for partnership purposes. The first appellate authority was also held competent to entertain a single appeal against the consequential assessment order and the connected registration order. en-us Wed, 23 Jan 2002 00:00:00 +0530 Mon, 21 Feb 2011 18:55:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66170 Rental income from buildings constructed by an assessee on leasehold land was held assessable under the head house property because the assessee owned the superstructure during the lease term; incidental amenities such as air-conditioning did not change that character, and the commercial purpose clause in the partnership deed could not override statutory classification. The firm's entitlement to registration was nevertheless sustained because characterisation of the receipts as house property income did not, by itself, negate business activity for partnership purposes. The first appellate authority was also held competent to entertain a single appeal against the consequential assessment order and the connected registration order. Case-Laws Income Tax Wed, 23 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66170