https://www.taxtmi.com/caselaws?id=15320 The High Court of Madras ruled that income derived from a lodging house, where the building and furniture were let out as a single transaction, should be assessed under "Income from other sources." The Court found that the letting was inseparable based on the terms of the lease agreements and partnership deed, supported by a single consideration. Upholding the Tribunal's decision, the Court held that the entire rent from the composite letting should fall under "Income from other sources." The judgment favored the assessee, concluding the common question of law in their favor against the Revenue, with no order as to costs. en-us Mon, 23 Nov 1998 00:00:00 +0530 Tue, 04 Aug 2009 17:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15320 The High Court of Madras ruled that income derived from a lodging house, where the building and furniture were let out as a single transaction, should be assessed under "Income from other sources." The Court found that the letting was inseparable based on the terms of the lease agreements and partnership deed, supported by a single consideration. Upholding the Tribunal's decision, the Court held that the entire rent from the composite letting should fall under "Income from other sources." The judgment favored the assessee, concluding the common question of law in their favor against the Revenue, with no order as to costs. Case-Laws Income Tax Mon, 23 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15320