https://www.taxtmi.com/caselaws?id=372983 Profits from transferring bare shell buildings to a co-developer were treated as arising from an authorised Special Economic Zone operation because the assessee was an approved SEZ developer and the transfer had Board approval; the receipts therefore retained the character of business profits derived from SEZ development and qualified for deduction under section 80IAB. Signage receipts from tenants for use of space in the assessee's buildings were held to be intrinsically linked to ownership and letting of the property, not an independent commercial activity; they were assessable as income from house property and eligible for deduction under section 24(a). en-us Wed, 02 Jan 2019 00:00:00 +0530 Fri, 04 Jan 2019 06:40:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372983 Profits from transferring bare shell buildings to a co-developer were treated as arising from an authorised Special Economic Zone operation because the assessee was an approved SEZ developer and the transfer had Board approval; the receipts therefore retained the character of business profits derived from SEZ development and qualified for deduction under section 80IAB. Signage receipts from tenants for use of space in the assessee's buildings were held to be intrinsically linked to ownership and letting of the property, not an independent commercial activity; they were assessable as income from house property and eligible for deduction under section 24(a). Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372983