https://www.taxtmi.com/caselaws?id=289715 The Tribunal upheld the CIT(A)'s decisions on all issues, confirming that interest income should be treated as business income, interest expenses as business expenses, notional interest should not be added to annual letting value, hire charges should be classified as 'income from house property,' common expenses should be treated as business expenses, and disallowed purchases should be treated as revenue expenses. All appeals filed by the parties were dismissed. en-us Fri, 24 Jun 2016 00:00:00 +0530 Mon, 17 Aug 2020 22:37:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289715 The Tribunal upheld the CIT(A)'s decisions on all issues, confirming that interest income should be treated as business income, interest expenses as business expenses, notional interest should not be added to annual letting value, hire charges should be classified as 'income from house property,' common expenses should be treated as business expenses, and disallowed purchases should be treated as revenue expenses. All appeals filed by the parties were dismissed. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289715