https://www.taxtmi.com/caselaws?id=327337 The Tribunal partly allowed the appeal, directing the Assessing Officer to exclude 90% of the net income from rental and lease activities if assessed as business income for computing the deduction under section 80HHC. If not assessed as business income, such incomes should not be considered for the deduction. The Tribunal upheld the Assessing Officer's jurisdiction to reevaluate the rental income issue based on earlier directions. en-us Thu, 24 Mar 2016 00:00:00 +0530 Mon, 09 May 2016 00:39:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327337 The Tribunal partly allowed the appeal, directing the Assessing Officer to exclude 90% of the net income from rental and lease activities if assessed as business income for computing the deduction under section 80HHC. If not assessed as business income, such incomes should not be considered for the deduction. The Tribunal upheld the Assessing Officer's jurisdiction to reevaluate the rental income issue based on earlier directions. Case-Laws Income Tax Thu, 24 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327337