https://www.taxtmi.com/caselaws?id=381621 Fit-out hire charges received under a separate agreement were treated as business income because the receipts arose from distinct arrangements, one for lease rent and another for fit-out hire charges linked to the smooth running of the lessee's business. The record showed that the separate contractual terms were disclosed, and precedents on composite rent were found factually distinguishable. Consistent treatment in earlier assessment years also supported the same classification. The charges were therefore not assessed as rent or income from house property. en-us Thu, 30 May 2019 00:00:00 +0530 Fri, 14 Jun 2019 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381621 Fit-out hire charges received under a separate agreement were treated as business income because the receipts arose from distinct arrangements, one for lease rent and another for fit-out hire charges linked to the smooth running of the lessee's business. The record showed that the separate contractual terms were disclosed, and precedents on composite rent were found factually distinguishable. Consistent treatment in earlier assessment years also supported the same classification. The charges were therefore not assessed as rent or income from house property. Case-Laws Income Tax Thu, 30 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381621