https://www.taxtmi.com/caselaws?id=202989 The Income Tax Appellate Tribunal (ITAT) allowed the revenue's appeal, emphasizing the correct categorization of rental income as income from house property rather than business income. The ITAT instructed the Assessing Officer to reassess the treatment of rental income in accordance with the law, setting aside the previous assessment. The case underscored the significance of adhering to legal provisions and ensuring a fair assessment process. en-us Wed, 22 Dec 2010 00:00:00 +0530 Fri, 08 Apr 2011 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202989 The Income Tax Appellate Tribunal (ITAT) allowed the revenue's appeal, emphasizing the correct categorization of rental income as income from house property rather than business income. The ITAT instructed the Assessing Officer to reassess the treatment of rental income in accordance with the law, setting aside the previous assessment. The case underscored the significance of adhering to legal provisions and ensuring a fair assessment process. Case-Laws Income Tax Wed, 22 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202989