https://www.taxtmi.com/caselaws?id=183864 The case involved determining whether rents from a godown constitute business income or income from house property. The President of ITAT Mumbai concluded that the godowns were commercial assets intended for business use, classifying the rent receipts as business income. As a result, the lower authorities' decisions were set aside, and the appeal was allowed. en-us Mon, 09 Nov 1998 00:00:00 +0530 Thu, 23 Jun 2016 16:48:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183864 The case involved determining whether rents from a godown constitute business income or income from house property. The President of ITAT Mumbai concluded that the godowns were commercial assets intended for business use, classifying the rent receipts as business income. As a result, the lower authorities' decisions were set aside, and the appeal was allowed. Case-Laws Income Tax Mon, 09 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183864