https://www.taxtmi.com/caselaws?id=16794 The High Court of Delhi partially allowed the Revenue's petition under the Income-tax Act for the assessment year 1989-90. The court directed the Tribunal to seek the court's opinion on questions 1 and 3 regarding the application of legal principles and the taxation treatment of income from property. However, the court rejected the need for costs in the matter. The dispute over the taxation of rent from property and furniture was resolved in favor of treating them as separate transactions for taxation purposes, based on analysis of past case laws. en-us Wed, 10 Dec 1997 00:00:00 +0530 Sat, 12 Sep 2009 12:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16794 The High Court of Delhi partially allowed the Revenue's petition under the Income-tax Act for the assessment year 1989-90. The court directed the Tribunal to seek the court's opinion on questions 1 and 3 regarding the application of legal principles and the taxation treatment of income from property. However, the court rejected the need for costs in the matter. The dispute over the taxation of rent from property and furniture was resolved in favor of treating them as separate transactions for taxation purposes, based on analysis of past case laws. Case-Laws Income Tax Wed, 10 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16794