https://www.taxtmi.com/caselaws?id=438766 The Tribunal held in favor of the assessee, determining that the maintenance income should be treated as income from business rather than income from house property. It was established that the maintenance charges were for specific facilities provided to tenants, separate from rental income, and necessary for maintaining the company's status. Consequently, the expenses claimed against the maintenance income were allowed, supporting the assessee's argument and overturning the Assessing Officer's decision. en-us Mon, 29 May 2023 00:00:00 +0530 Thu, 08 Jun 2023 09:09:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438766 The Tribunal held in favor of the assessee, determining that the maintenance income should be treated as income from business rather than income from house property. It was established that the maintenance charges were for specific facilities provided to tenants, separate from rental income, and necessary for maintaining the company's status. Consequently, the expenses claimed against the maintenance income were allowed, supporting the assessee's argument and overturning the Assessing Officer's decision. Case-Laws Income Tax Mon, 29 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438766