https://www.taxtmi.com/caselaws?id=179866 Residential accommodation owned by an assessee and provided to employees as an incident of carrying on the business is treated as occupied for business purposes. Reading sections 9 and 10 of the Indian Income-tax Act, 1922 together, the rental receipts from such buildings are assessable as profits and gains of business, not as income from property. The word "occupy" is not confined to the owner's physical occupation; occupation through employees in furtherance of the business is sufficient, because the property is subservient to the business. en-us Mon, 08 Feb 1965 00:00:00 +0530 Fri, 11 Mar 2016 10:48:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179866 Residential accommodation owned by an assessee and provided to employees as an incident of carrying on the business is treated as occupied for business purposes. Reading sections 9 and 10 of the Indian Income-tax Act, 1922 together, the rental receipts from such buildings are assessable as profits and gains of business, not as income from property. The word "occupy" is not confined to the owner's physical occupation; occupation through employees in furtherance of the business is sufficient, because the property is subservient to the business. Case-Laws Income Tax Mon, 08 Feb 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179866