https://www.taxtmi.com/caselaws?id=253367 The court upheld the classification of rental income as "Income from House Property" instead of "Income from Business" due to lack of evidence supporting temporary letting claims. The disallowance of administrative expenses was justified as the assessee failed to substantiate business activities. Income from labour charges was classified as "Income from Other Sources" as evidence of business activities was insufficient. The Annual Letting Value was adjusted to municipal ratable value, partially allowing the appeal by modifying the ALV determination. en-us Wed, 19 Nov 2014 00:00:00 +0530 Sat, 22 Nov 2014 08:27:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253367 The court upheld the classification of rental income as "Income from House Property" instead of "Income from Business" due to lack of evidence supporting temporary letting claims. The disallowance of administrative expenses was justified as the assessee failed to substantiate business activities. Income from labour charges was classified as "Income from Other Sources" as evidence of business activities was insufficient. The Annual Letting Value was adjusted to municipal ratable value, partially allowing the appeal by modifying the ALV determination. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253367