https://www.taxtmi.com/caselaws?id=280239 The High Court upheld the decision of the ITAT to treat receipts from a hotel lease as business income. The Court emphasized the historical treatment of income and the terms of the lease agreement, noting the absence of fixed rent. The appeal was dismissed as no substantial question of law arose, as the classification of income as business income was consistent for the assessee. en-us Tue, 05 Feb 2019 00:00:00 +0530 Fri, 26 Apr 2019 08:11:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280239 The High Court upheld the decision of the ITAT to treat receipts from a hotel lease as business income. The Court emphasized the historical treatment of income and the terms of the lease agreement, noting the absence of fixed rent. The appeal was dismissed as no substantial question of law arose, as the classification of income as business income was consistent for the assessee. Case-Laws Income Tax Tue, 05 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280239