https://www.taxtmi.com/caselaws?id=407005 The Tribunal allowed the appeals filed by the assessee, classifying the rental income from the factory premises as "income from house property." The Tribunal held that the income was separable from the equipment leasing, following precedents and provisions of the Income Tax Act. Therefore, the expenses incurred for earning this income were not deductible under section 57. en-us Thu, 01 Apr 2021 00:00:00 +0530 Wed, 28 Apr 2021 11:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407005 The Tribunal allowed the appeals filed by the assessee, classifying the rental income from the factory premises as "income from house property." The Tribunal held that the income was separable from the equipment leasing, following precedents and provisions of the Income Tax Act. Therefore, the expenses incurred for earning this income were not deductible under section 57. Case-Laws Income Tax Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407005