https://www.taxtmi.com/caselaws?id=27126 The income received from the managing contractor by leasing out the colliery was classified as "income from other sources" rather than "business income." The agreement indicated a lease of the entire business, leading to this classification. Additionally, the continuation of the firm's registration was deemed incorrect as there was no partnership without business income. The outcome favored the Revenue against the assessee, resulting in the dismissal of the reference with costs payable by the assessee to the Department. en-us Fri, 17 May 1985 00:00:00 +0530 Wed, 10 Feb 2010 18:37:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27126 The income received from the managing contractor by leasing out the colliery was classified as "income from other sources" rather than "business income." The agreement indicated a lease of the entire business, leading to this classification. Additionally, the continuation of the firm's registration was deemed incorrect as there was no partnership without business income. The outcome favored the Revenue against the assessee, resulting in the dismissal of the reference with costs payable by the assessee to the Department. Case-Laws Income Tax Fri, 17 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27126