https://www.taxtmi.com/caselaws?id=329861 The ITAT Mumbai directed the Assessing Officer to treat Business Service Charges as income from business, not house property, due to the nature of services provided. The ITAT set aside an enhanced disallowance under section 14A, stating the Assessing Officer's mechanical application lacked jurisdiction. The appellant partly succeeded, with the ITAT allowing the appeal on Business Service Charges but dismissing it on the interest income issue. Judgments were pronounced on 30/06/2016. en-us Thu, 30 Jun 2016 00:00:00 +0530 Mon, 11 Jul 2016 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329861 The ITAT Mumbai directed the Assessing Officer to treat Business Service Charges as income from business, not house property, due to the nature of services provided. The ITAT set aside an enhanced disallowance under section 14A, stating the Assessing Officer's mechanical application lacked jurisdiction. The appellant partly succeeded, with the ITAT allowing the appeal on Business Service Charges but dismissing it on the interest income issue. Judgments were pronounced on 30/06/2016. Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329861