https://www.taxtmi.com/caselaws?id=218260 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to bifurcate the income from letting out a business center into 60% as income from house property and 40% as business income. The Tribunal also agreed with the treatment of service charges as business income and rental income as income from house property. Additionally, the Tribunal allowed the inclusion of the cost of a temporary shed as part of the project cost, dismissing the revenue's appeals and partly allowing the assessee's cross objections. en-us Fri, 08 Jun 2012 00:00:00 +0530 Thu, 08 Nov 2012 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218260 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to bifurcate the income from letting out a business center into 60% as income from house property and 40% as business income. The Tribunal also agreed with the treatment of service charges as business income and rental income as income from house property. Additionally, the Tribunal allowed the inclusion of the cost of a temporary shed as part of the project cost, dismissing the revenue's appeals and partly allowing the assessee's cross objections. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218260