https://www.taxtmi.com/caselaws?id=234631 The Tribunal upheld the CIT(A)'s decision in the case, classifying the income from leasing modules in an IT park as 'business' income eligible for deduction under section 80IA. It allowed depreciation on electrical items and classified other receipts such as car parking charges and communication fees as 'income from other sources'. The Tribunal dismissed both the assessee's and the Revenue's appeals, making the assessee's cross objections unnecessary. en-us Mon, 03 Jun 2013 00:00:00 +0530 Tue, 04 Jun 2013 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234631 The Tribunal upheld the CIT(A)'s decision in the case, classifying the income from leasing modules in an IT park as 'business' income eligible for deduction under section 80IA. It allowed depreciation on electrical items and classified other receipts such as car parking charges and communication fees as 'income from other sources'. The Tribunal dismissed both the assessee's and the Revenue's appeals, making the assessee's cross objections unnecessary. Case-Laws Income Tax Mon, 03 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234631