https://www.taxtmi.com/caselaws?id=29463 The court upheld the Tribunal's finding that service and maintenance charges in a lease agreement were not solely for lifts but covered various services. The income from these charges was classified as "business income" following the principles established in a Supreme Court ruling. The decision favored the assessee, aligning with the Tribunal's view and established legal precedent. en-us Tue, 10 Nov 1981 00:00:00 +0530 Sat, 13 Mar 2010 11:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29463 The court upheld the Tribunal's finding that service and maintenance charges in a lease agreement were not solely for lifts but covered various services. The income from these charges was classified as "business income" following the principles established in a Supreme Court ruling. The decision favored the assessee, aligning with the Tribunal's view and established legal precedent. Case-Laws Income Tax Tue, 10 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29463