https://www.taxtmi.com/caselaws?id=439736 The ITAT affirmed the classification of income earned from letting out space in a mall as "business income" rather than "income from house property." The decision was based on consistency with prior rulings and the complex nature of services provided beyond mere property letting. Consequently, the disallowance of depreciation on the let-out building was also overturned. The Department's appeal was dismissed, and the ITAT's decision was pronounced on 16-06-2023. en-us Fri, 16 Jun 2023 00:00:00 +0530 Fri, 30 Jun 2023 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439736 The ITAT affirmed the classification of income earned from letting out space in a mall as "business income" rather than "income from house property." The decision was based on consistency with prior rulings and the complex nature of services provided beyond mere property letting. Consequently, the disallowance of depreciation on the let-out building was also overturned. The Department's appeal was dismissed, and the ITAT's decision was pronounced on 16-06-2023. Case-Laws Income Tax Fri, 16 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439736