https://www.taxtmi.com/caselaws?id=286922 The Tribunal upheld the disallowance of franchise fees claimed by the assessee for the assessment years 2007-08 and 2012-13. The income from franchise fees was deemed as business income rather than income from house property, based on the nature of the agreements and legal interpretations. Following precedents and decisions by higher courts, the Tribunal confirmed the disallowance, dismissing the appeals. en-us Mon, 10 Jul 2017 00:00:00 +0530 Sat, 21 Mar 2020 08:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286922 The Tribunal upheld the disallowance of franchise fees claimed by the assessee for the assessment years 2007-08 and 2012-13. The income from franchise fees was deemed as business income rather than income from house property, based on the nature of the agreements and legal interpretations. Following precedents and decisions by higher courts, the Tribunal confirmed the disallowance, dismissing the appeals. Case-Laws Income Tax Mon, 10 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286922