https://www.taxtmi.com/highlights?id=53967 Correct head of income - lease rent received by the assessee - Business of assessee taken over by the another Company as was running as JV - assessed under the head `income from business’ or `income from other sources’ - rehabilitation scheme - the income should fall under the head ‘profits and gains of business’ and not from ‘income from other sources’. en-us Fri, 10 Jul 2020 08:09:51 +0530 Fri, 10 Jul 2020 08:09:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53967 Correct head of income - lease rent received by the assessee - Business of assessee taken over by the another Company as was running as JV - assessed under the head `income from business’ or `income from other sources’ - rehabilitation scheme - the income should fall under the head ‘profits and gains of business’ and not from ‘income from other sources’. Highlights Income Tax Fri, 10 Jul 2020 08:09:51 +0530 https://www.taxtmi.com/highlights?id=53967