https://www.taxtmi.com/caselaws?id=66304 Reassessment under section 148 was upheld because the original returns had only been processed under section 143(1)(a), no earlier scrutiny opinion had been formed, and the notices were issued within time; the challenge based on mere change of opinion therefore failed. Rental income from the retained superstructure was taxable as income from house property because the assessee was treated as the owner for section 22 purposes by virtue of possession under a written arrangement and appropriation of rent. Lease rent from sold portions, together with related reimbursements for taxes, repairs, maintenance and staff expenses, was treated as business income. Fixed maintenance charges from tenants were linked to letting and assessed under house property income. en-us Fri, 22 Jul 2005 00:00:00 +0530 Wed, 23 Feb 2011 14:00:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66304 Reassessment under section 148 was upheld because the original returns had only been processed under section 143(1)(a), no earlier scrutiny opinion had been formed, and the notices were issued within time; the challenge based on mere change of opinion therefore failed. Rental income from the retained superstructure was taxable as income from house property because the assessee was treated as the owner for section 22 purposes by virtue of possession under a written arrangement and appropriation of rent. Lease rent from sold portions, together with related reimbursements for taxes, repairs, maintenance and staff expenses, was treated as business income. Fixed maintenance charges from tenants were linked to letting and assessed under house property income. Case-Laws Income Tax Fri, 22 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66304