https://www.taxtmi.com/caselaws?id=219176 The High Court upheld the Tribunal's decision that the rent received by the appellant should be assessed as "income from other sources" under Section 56(2)(iii) of the Income Tax Act. The High Court found that the letting was composite and inseparable, involving space, fittings, fixtures, air-conditioning, and furniture, and thus should be assessed as such. The Court dismissed the appeal, affirming the decisions of the assessing officer, CIT(Appeals), and the Tribunal. en-us Thu, 22 Nov 2012 00:00:00 +0530 Thu, 06 Dec 2012 20:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219176 The High Court upheld the Tribunal's decision that the rent received by the appellant should be assessed as "income from other sources" under Section 56(2)(iii) of the Income Tax Act. The High Court found that the letting was composite and inseparable, involving space, fittings, fixtures, air-conditioning, and furniture, and thus should be assessed as such. The Court dismissed the appeal, affirming the decisions of the assessing officer, CIT(Appeals), and the Tribunal. Case-Laws Income Tax Thu, 22 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219176