https://www.taxtmi.com/caselaws?id=66471 The Tribunal held that the rental income derived from leasing out the godowns constructed by the assessee is assessable as income from house property and not as business income. The Tribunal emphasized that the ownership of the building determines the classification of income, citing relevant precedents. The order of the Commissioner (Appeals) was upheld, and the appeals were dismissed. en-us Mon, 25 Mar 1985 00:00:00 +0530 Thu, 24 Feb 2011 18:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66471 The Tribunal held that the rental income derived from leasing out the godowns constructed by the assessee is assessable as income from house property and not as business income. The Tribunal emphasized that the ownership of the building determines the classification of income, citing relevant precedents. The order of the Commissioner (Appeals) was upheld, and the appeals were dismissed. Case-Laws Income Tax Mon, 25 Mar 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66471