https://www.taxtmi.com/caselaws?id=274768 The High Court dismissed the tax case appeal, upholding the categorization of rental income as 'business income' for the appellant. The court emphasized the finality of the Tribunal's previous decision for the assessment year 2008-09, which the Revenue had accepted without appeal. Consequently, the appeal was decided in favor of the assessee, with no costs awarded. en-us Wed, 13 Dec 2017 00:00:00 +0530 Sat, 01 Sep 2018 05:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274768 The High Court dismissed the tax case appeal, upholding the categorization of rental income as 'business income' for the appellant. The court emphasized the finality of the Tribunal's previous decision for the assessment year 2008-09, which the Revenue had accepted without appeal. Consequently, the appeal was decided in favor of the assessee, with no costs awarded. Case-Laws Income Tax Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274768