https://www.taxtmi.com/caselaws?id=337431 The Tribunal allowed the appeal, determining that rental income from letting out commercial properties should be assessed under "income from profits & gains of business or profession," not as income from house property. The decision was based on the systematic activity of leasing properties for commercial purposes, aligning with legal precedents and Supreme Court judgments emphasizing the treatment of such rental income as business income. en-us Fri, 06 Jan 2017 00:00:00 +0530 Mon, 03 Apr 2017 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337431 The Tribunal allowed the appeal, determining that rental income from letting out commercial properties should be assessed under "income from profits & gains of business or profession," not as income from house property. The decision was based on the systematic activity of leasing properties for commercial purposes, aligning with legal precedents and Supreme Court judgments emphasizing the treatment of such rental income as business income. Case-Laws Income Tax Fri, 06 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337431