<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1997 (2) TMI 60 - MADRAS High Court</title>
    <link>https://www.taxtmi.com/caselaws?id=16966</link>
    <description>The High Court held that the income from selling well water was classified under &#039;Other sources&#039; and not &#039;Income from house property&#039;. The court affirmed the Tribunal&#039;s decision, ruling against the assessee regarding the taxability of the receipts and the applicability of section 10(3) of the Income-tax Act. The court concluded that the well had become an independent income source, not part of the house property. The decision was made without awarding costs.</description>
    <language>en-us</language>
    <pubDate>Fri, 21 Feb 1997 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 14 Sep 2009 13:00:29 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=55966" rel="self" type="application/rss+xml"/>
    <item>
      <title>1997 (2) TMI 60 - MADRAS High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=16966</link>
      <description>The High Court held that the income from selling well water was classified under &#039;Other sources&#039; and not &#039;Income from house property&#039;. The court affirmed the Tribunal&#039;s decision, ruling against the assessee regarding the taxability of the receipts and the applicability of section 10(3) of the Income-tax Act. The court concluded that the well had become an independent income source, not part of the house property. The decision was made without awarding costs.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Fri, 21 Feb 1997 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=16966</guid>
    </item>
  </channel>
</rss>