https://www.taxtmi.com/caselaws?id=201860 The High Court dismissed the appeal, upholding the decisions on all three issues based on legal precedents and the nature of the assessee's business activities. The exemption claimed under section 10(29) for income from procurement of wheat and paddy was disallowed, apportionment of expenses was remitted to the Assessing Officer, and income from providing storage facilities was classified as business income, not income from house property. The court's decision was supported by precedents and the assessee's primary business focus on providing storage facilities. en-us Fri, 17 Oct 2008 00:00:00 +0530 Thu, 27 Dec 2012 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201860 The High Court dismissed the appeal, upholding the decisions on all three issues based on legal precedents and the nature of the assessee's business activities. The exemption claimed under section 10(29) for income from procurement of wheat and paddy was disallowed, apportionment of expenses was remitted to the Assessing Officer, and income from providing storage facilities was classified as business income, not income from house property. The court's decision was supported by precedents and the assessee's primary business focus on providing storage facilities. Case-Laws Income Tax Fri, 17 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201860