https://www.taxtmi.com/caselaws?id=271669 The Tribunal ruled in favor of the assessee, determining that the income from letting out shops in the shopping mall should be treated as business income rather than income from house property or other sources. Consequently, the related expenses, including depreciation, were allowed as business deductions. The Tribunal set aside the previous decisions and allowed the appeals of the assessee, emphasizing the commercial nature of the activities and the provision of various services and amenities in the shopping mall. en-us Fri, 08 Jan 2016 00:00:00 +0530 Fri, 12 Feb 2016 09:43:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271669 The Tribunal ruled in favor of the assessee, determining that the income from letting out shops in the shopping mall should be treated as business income rather than income from house property or other sources. Consequently, the related expenses, including depreciation, were allowed as business deductions. The Tribunal set aside the previous decisions and allowed the appeals of the assessee, emphasizing the commercial nature of the activities and the provision of various services and amenities in the shopping mall. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271669