https://www.taxtmi.com/caselaws?id=25327 The High Court held that receipts from property let out to contractors' employees, hire charges, royalty, miscellaneous receipts, interest from contractors, and interest from Hindustan Steel Ltd. were not taxable income but should be adjusted against the cost of construction as they were incidental to construction work. The Court ruled in favor of the assessee, concluding that these receipts were not to be treated as taxable income under the Income-tax Act, 1961. en-us Fri, 07 Aug 1987 00:00:00 +0530 Thu, 28 Jan 2010 10:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25327 The High Court held that receipts from property let out to contractors' employees, hire charges, royalty, miscellaneous receipts, interest from contractors, and interest from Hindustan Steel Ltd. were not taxable income but should be adjusted against the cost of construction as they were incidental to construction work. The Court ruled in favor of the assessee, concluding that these receipts were not to be treated as taxable income under the Income-tax Act, 1961. Case-Laws Income Tax Fri, 07 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25327