https://www.taxtmi.com/caselaws?id=13595 The High Court set aside the Tribunal's decision and remitted the case to the Assessing Officer to determine if the income from letting out a building should be assessed as business income or income from house property, emphasizing the need for the Revenue to establish ownership and exploitation of the property before categorizing the rental income. Both parties were permitted to present relevant judgments before the Tribunal for further consideration. en-us Mon, 13 Nov 2006 00:00:00 +0530 Sat, 05 Dec 2015 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13595 The High Court set aside the Tribunal's decision and remitted the case to the Assessing Officer to determine if the income from letting out a building should be assessed as business income or income from house property, emphasizing the need for the Revenue to establish ownership and exploitation of the property before categorizing the rental income. Both parties were permitted to present relevant judgments before the Tribunal for further consideration. Case-Laws Income Tax Mon, 13 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13595