https://www.taxtmi.com/caselaws?id=285935 The High Court ruled that rental income from letting out warehouses/godowns, along with additional services, should be taxed as income from house property rather than business income. The Court held that the income was earned through an adventure in the nature of trade, not as a business activity under the Income-tax Act, 1961. The decision favored the revenue, affirming the Tribunal's ruling and dismissing the appellant's appeal. en-us Tue, 18 Nov 2014 00:00:00 +0530 Thu, 30 Apr 2020 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285935 The High Court ruled that rental income from letting out warehouses/godowns, along with additional services, should be taxed as income from house property rather than business income. The Court held that the income was earned through an adventure in the nature of trade, not as a business activity under the Income-tax Act, 1961. The decision favored the revenue, affirming the Tribunal's ruling and dismissing the appellant's appeal. Case-Laws Income Tax Tue, 18 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285935