https://www.taxtmi.com/caselaws?id=77711 The High Court remanded the case for a fresh assessment, emphasizing the need to differentiate between property leasing and commercial activities in determining the tax treatment of income. The court found that the Tribunal failed to consider crucial aspects of the lease agreements and warehousing activities, leading to an incorrect assessment of income from house property versus business income. The case involved issues related to taxability of lease rentals, income from warehousing activity, and disallowance under section 40A(2)(b) concerning a payment to a supplier. en-us Thu, 18 Feb 2010 00:00:00 +0530 Tue, 05 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77711 The High Court remanded the case for a fresh assessment, emphasizing the need to differentiate between property leasing and commercial activities in determining the tax treatment of income. The court found that the Tribunal failed to consider crucial aspects of the lease agreements and warehousing activities, leading to an incorrect assessment of income from house property versus business income. The case involved issues related to taxability of lease rentals, income from warehousing activity, and disallowance under section 40A(2)(b) concerning a payment to a supplier. Case-Laws Income Tax Thu, 18 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77711