https://www.taxtmi.com/caselaws?id=25616 The High Court ruled in favor of the assessee, determining that the sub-lease income received by the sub-lessee should not be considered as the business income of the assessee. The Court emphasized that the assessee, not being the property owner, did not benefit from the sub-lease income. The judgment clarified that the Revenue could separately assess the sub-lessee. en-us Thu, 18 Sep 1986 00:00:00 +0530 Fri, 29 Jan 2010 17:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25616 The High Court ruled in favor of the assessee, determining that the sub-lease income received by the sub-lessee should not be considered as the business income of the assessee. The Court emphasized that the assessee, not being the property owner, did not benefit from the sub-lease income. The judgment clarified that the Revenue could separately assess the sub-lessee. Case-Laws Income Tax Thu, 18 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25616