https://www.taxtmi.com/caselaws?id=295649 The tribunal allowed the appeal, classifying the rental income as 'Income from House Property.' The decision was based on the assessee's primary intention to enjoy long-term rental income, lack of systematic commercial property exploitation, and the principle of consistency in previous tax treatment. The tribunal found the case aligned with instances where rental income was treated as 'Income from House Property,' distinguishing it from cases involving systematic business activities. en-us Mon, 27 May 2019 00:00:00 +0530 Mon, 14 Jun 2021 09:07:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295649 The tribunal allowed the appeal, classifying the rental income as 'Income from House Property.' The decision was based on the assessee's primary intention to enjoy long-term rental income, lack of systematic commercial property exploitation, and the principle of consistency in previous tax treatment. The tribunal found the case aligned with instances where rental income was treated as 'Income from House Property,' distinguishing it from cases involving systematic business activities. Case-Laws Income Tax Mon, 27 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295649