https://www.taxtmi.com/caselaws?id=398704 The High Court remitted the case back to the Assessing Officer for reconsideration. The court directed the AO to verify if income from letting out halls was used for charitable purposes and to reclassify it as "income from House Property" or "business income." The court emphasized the importance of thoroughly examining facts and income utilization, leaving substantial legal questions open for fresh consideration. The appeals were allowed, and no costs were awarded. en-us Tue, 15 Sep 2020 00:00:00 +0530 Fri, 25 Mar 2022 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398704 The High Court remitted the case back to the Assessing Officer for reconsideration. The court directed the AO to verify if income from letting out halls was used for charitable purposes and to reclassify it as "income from House Property" or "business income." The court emphasized the importance of thoroughly examining facts and income utilization, leaving substantial legal questions open for fresh consideration. The appeals were allowed, and no costs were awarded. Case-Laws Income Tax Tue, 15 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398704