https://www.taxtmi.com/caselaws?id=27127 The High Court held that the income derived by the assessee from leasing out the colliery should be categorized as income from 'Other Sources' rather than 'Business'. The Tribunal's decision treating it as business income was deemed erroneous, and the reference was answered in favor of the Revenue. The decision went against the assessee, who was also ordered to pay costs to the Revenue. The judgment was unanimous and delivered by Judges Uday Sinha and Nazir Ahmad. en-us Fri, 17 May 1985 00:00:00 +0530 Wed, 10 Feb 2010 18:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27127 The High Court held that the income derived by the assessee from leasing out the colliery should be categorized as income from 'Other Sources' rather than 'Business'. The Tribunal's decision treating it as business income was deemed erroneous, and the reference was answered in favor of the Revenue. The decision went against the assessee, who was also ordered to pay costs to the Revenue. The judgment was unanimous and delivered by Judges Uday Sinha and Nazir Ahmad. Case-Laws Income Tax Fri, 17 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27127