https://www.taxtmi.com/caselaws?id=336752 The Tribunal allowed the assessee's appeal, directing the AO to treat the income from letting out and operation of the property as "income from business" based on Supreme Court judgments. This decision indirectly addressed the eligibility for deduction under section 80IA and the disallowance of expenses and losses, as treating the income as business income implies allowing related deductions and claims. en-us Fri, 16 Dec 2016 00:00:00 +0530 Wed, 28 Dec 2016 09:24:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336752 The Tribunal allowed the assessee's appeal, directing the AO to treat the income from letting out and operation of the property as "income from business" based on Supreme Court judgments. This decision indirectly addressed the eligibility for deduction under section 80IA and the disallowance of expenses and losses, as treating the income as business income implies allowing related deductions and claims. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336752