https://www.taxtmi.com/caselaws?id=5709 The Supreme Court allowed the appeals, setting aside the Full Bench's decision that income received from a managing contractor should not be classified as income from business. The Court emphasized that the Tribunal's finding regarding the business relationship between the assessee and the managing contractor was not challenged before the High Court, leading to the conclusion that the income fell within the scope of "income from business" and not "income from other sources." en-us Fri, 12 Dec 1997 00:00:00 +0530 Thu, 27 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5709 The Supreme Court allowed the appeals, setting aside the Full Bench's decision that income received from a managing contractor should not be classified as income from business. The Court emphasized that the Tribunal's finding regarding the business relationship between the assessee and the managing contractor was not challenged before the High Court, leading to the conclusion that the income fell within the scope of "income from business" and not "income from other sources." Case-Laws Income Tax Fri, 12 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5709