https://www.taxtmi.com/caselaws?id=173887 The Tribunal upheld the classification of rental income from plinths as 'Income from business or profession' for the assessment years 2004-05 and 2005-06, following precedents and consistency in treatment. Additionally, the Tribunal confirmed the 10% depreciation rate on plinths, as allowed by the CIT(A) and supported by previous Tribunal decisions. The departmental appeals were dismissed due to low tax effect and the merits favoring the assessee, with the ld. DR absent during the hearing. en-us Tue, 05 Jul 2011 00:00:00 +0530 Thu, 24 Sep 2015 12:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173887 The Tribunal upheld the classification of rental income from plinths as 'Income from business or profession' for the assessment years 2004-05 and 2005-06, following precedents and consistency in treatment. Additionally, the Tribunal confirmed the 10% depreciation rate on plinths, as allowed by the CIT(A) and supported by previous Tribunal decisions. The departmental appeals were dismissed due to low tax effect and the merits favoring the assessee, with the ld. DR absent during the hearing. Case-Laws Income Tax Tue, 05 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173887