https://www.taxtmi.com/caselaws?id=376310 The Tribunal dismissed the Revenue's appeals for AY 2009-10 and 2011-12, upholding the deletion of protective additions. The assessee's appeals for AY 2010-11 were partly allowed concerning the disallowance under Section 14A. However, the primary issue of taxing lease rental income was decided against the assessee, confirming that the income should be taxed in the hands of M/s. Ambience Hotels and Resorts Pvt. Ltd. under "Income from House Property." en-us Thu, 28 Feb 2019 00:00:00 +0530 Wed, 06 Mar 2019 13:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376310 The Tribunal dismissed the Revenue's appeals for AY 2009-10 and 2011-12, upholding the deletion of protective additions. The assessee's appeals for AY 2010-11 were partly allowed concerning the disallowance under Section 14A. However, the primary issue of taxing lease rental income was decided against the assessee, confirming that the income should be taxed in the hands of M/s. Ambience Hotels and Resorts Pvt. Ltd. under "Income from House Property." Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376310