https://www.taxtmi.com/caselaws?id=251597 The Tribunal dismissed the Revenue's appeals, upholding the CIT(A)'s decision to classify the income as business income. Emphasizing the commercial nature of the property's exploitation and the principle of consistency in tax assessments, the Tribunal ruled that income from complex commercial activities should be treated as business income, not income from house property. en-us Fri, 27 Jun 2014 00:00:00 +0530 Sat, 20 Sep 2014 08:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251597 The Tribunal dismissed the Revenue's appeals, upholding the CIT(A)'s decision to classify the income as business income. Emphasizing the commercial nature of the property's exploitation and the principle of consistency in tax assessments, the Tribunal ruled that income from complex commercial activities should be treated as business income, not income from house property. Case-Laws Income Tax Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251597