https://www.taxtmi.com/caselaws?id=17816 Rental receipts from property used for the assessee company's business were treated as business income rather than income from house property. The company had shifted its registered office to the premises, used one room as an office, and permitted its managing director to occupy the remaining portion without rent under board authorisation. The Tribunal held that the letting arrangement was incidental to the company's business, so the income was not separately assessable under section 22 of the Income-tax Act, 1961. The view was said to be consistent with an earlier Madras High Court decision on the same principle. en-us Tue, 04 Feb 1997 00:00:00 +0530 Fri, 25 Sep 2009 10:20:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17816 Rental receipts from property used for the assessee company's business were treated as business income rather than income from house property. The company had shifted its registered office to the premises, used one room as an office, and permitted its managing director to occupy the remaining portion without rent under board authorisation. The Tribunal held that the letting arrangement was incidental to the company's business, so the income was not separately assessable under section 22 of the Income-tax Act, 1961. The view was said to be consistent with an earlier Madras High Court decision on the same principle. Case-Laws Income Tax Tue, 04 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17816