https://www.taxtmi.com/caselaws?id=273108 Rental receipts from the assessee's property were held assessable as business income rather than income from house property because the same issue had already been decided in the assessee's own earlier years on identical facts, and the Revenue produced no contrary material to depart from that consistent view. The Tribunal also noted that earlier orders had allowed related business expenses and depreciation on the basis that the receipts were taxable under the business head. The Revenue's challenge therefore failed, and the assessee's treatment of the rental income as business income was sustained. en-us Mon, 18 Jul 2016 00:00:00 +0530 Wed, 06 Jun 2018 12:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273108 Rental receipts from the assessee's property were held assessable as business income rather than income from house property because the same issue had already been decided in the assessee's own earlier years on identical facts, and the Revenue produced no contrary material to depart from that consistent view. The Tribunal also noted that earlier orders had allowed related business expenses and depreciation on the basis that the receipts were taxable under the business head. The Revenue's challenge therefore failed, and the assessee's treatment of the rental income as business income was sustained. Case-Laws Income Tax Mon, 18 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273108