https://www.taxtmi.com/caselaws?id=22045 The High Court held that arrears of rent received in respect of a house property remain classified as "Income from house property," even if not taxable in the year of receipt. The Court rejected the Tribunal's view of categorizing such arrears under "Income from other sources" to prevent evasion of taxation. It was ruled that rent, whether current or in arrears, is inherently linked to the property and should be taxed accordingly. Consequently, the Court ruled in favor of the assessee, determining that the arrears of rent should be taxed under the head "Income from house property" and not under "Income from other sources." en-us Tue, 01 Oct 1991 00:00:00 +0530 Sat, 05 Dec 2009 16:34:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22045 The High Court held that arrears of rent received in respect of a house property remain classified as "Income from house property," even if not taxable in the year of receipt. The Court rejected the Tribunal's view of categorizing such arrears under "Income from other sources" to prevent evasion of taxation. It was ruled that rent, whether current or in arrears, is inherently linked to the property and should be taxed accordingly. Consequently, the Court ruled in favor of the assessee, determining that the arrears of rent should be taxed under the head "Income from house property" and not under "Income from other sources." Case-Laws Income Tax Tue, 01 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22045