https://www.taxtmi.com/caselaws?id=202664 The Tribunal upheld the assessment of lease income under the head 'Income from house property' and denied the allowance of set off of carry forward losses against the lease receipts. The Tribunal emphasized that the leased assets were not part of the trading assets and the assessee had ceased its business activity during the relevant year. en-us Fri, 06 Nov 2009 00:00:00 +0530 Thu, 30 May 2013 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202664 The Tribunal upheld the assessment of lease income under the head 'Income from house property' and denied the allowance of set off of carry forward losses against the lease receipts. The Tribunal emphasized that the leased assets were not part of the trading assets and the assessee had ceased its business activity during the relevant year. Case-Laws Income Tax Fri, 06 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202664