https://www.taxtmi.com/caselaws?id=261434 The Tribunal upheld the assessment of rental income as "Income from house property" for a telecom equipment manufacturer, dismissing the argument for treating it as income from other sources. Additionally, the Tribunal affirmed the addition of an advance amount under section 68, rejecting the appellant's documentation and citing a Delhi High Court decision. The grounds related to sales tax penalty disallowance were not pursued, resulting in their dismissal. Ultimately, the Tribunal dismissed the appeal due to insufficient evidence supporting the appellant's contentions. en-us Fri, 13 Mar 2015 00:00:00 +0530 Mon, 13 Jul 2015 06:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261434 The Tribunal upheld the assessment of rental income as "Income from house property" for a telecom equipment manufacturer, dismissing the argument for treating it as income from other sources. Additionally, the Tribunal affirmed the addition of an advance amount under section 68, rejecting the appellant's documentation and citing a Delhi High Court decision. The grounds related to sales tax penalty disallowance were not pursued, resulting in their dismissal. Ultimately, the Tribunal dismissed the appeal due to insufficient evidence supporting the appellant's contentions. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261434