https://www.taxtmi.com/highlights?id=58255 Income from house property or income from other sources - If they are inseparable and the intention is to carry on the business of letting out the commercial property and carrying out complex commercial activity and getting rental income therefrom, then such a rental income falls under the heading of "Profits and gains of business or profession". In fact, any other interpretation would defeat the very object of introduction of section 80-IA as well as the scheme which is framed by the Government for development of industrial parks in the country.- HC en-us Fri, 04 Jun 2021 17:12:46 +0530 Fri, 04 Jun 2021 17:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58255 Income from house property or income from other sources - If they are inseparable and the intention is to carry on the business of letting out the commercial property and carrying out complex commercial activity and getting rental income therefrom, then such a rental income falls under the heading of "Profits and gains of business or profession". In fact, any other interpretation would defeat the very object of introduction of section 80-IA as well as the scheme which is framed by the Government for development of industrial parks in the country.- HC Highlights Income Tax Fri, 04 Jun 2021 17:12:46 +0530 https://www.taxtmi.com/highlights?id=58255