https://www.taxtmi.com/caselaws?id=301043 The Tribunal classified income from licensing office space as 'business income' instead of 'income from house property' due to the property's commercial nature. The decision was based on the property providing comprehensive business facilities, following a precedent set by the Jurisdictional High Court. The Tribunal allowed the appeals for assessment years 2001-02 to 2004-05 partially and fully allowed the appeals for 2005-06 and 2006-07. The jurisdictional objections regarding the notice u/s 148 were dismissed. en-us Wed, 08 Jun 2011 00:00:00 +0530 Wed, 09 Mar 2022 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301043 The Tribunal classified income from licensing office space as 'business income' instead of 'income from house property' due to the property's commercial nature. The decision was based on the property providing comprehensive business facilities, following a precedent set by the Jurisdictional High Court. The Tribunal allowed the appeals for assessment years 2001-02 to 2004-05 partially and fully allowed the appeals for 2005-06 and 2006-07. The jurisdictional objections regarding the notice u/s 148 were dismissed. Case-Laws Income Tax Wed, 08 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301043