https://www.taxtmi.com/caselaws?id=14734 Income from leasing properties could be treated as business income only after the factual basis was established, namely ownership of the properties and the nature of the assessee's interest in them. The Tribunal's broad assumption that letting activity may constitute business was insufficient without those findings. The character of the income, and the consequential claim for registration under the Act, depended on that factual determination, so the matter was remitted for specific findings on ownership and interest before reconsideration. en-us Mon, 28 Feb 2000 00:00:00 +0530 Sat, 18 Jul 2009 12:57:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14734 Income from leasing properties could be treated as business income only after the factual basis was established, namely ownership of the properties and the nature of the assessee's interest in them. The Tribunal's broad assumption that letting activity may constitute business was insufficient without those findings. The character of the income, and the consequential claim for registration under the Act, depended on that factual determination, so the matter was remitted for specific findings on ownership and interest before reconsideration. Case-Laws Income Tax Mon, 28 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14734