https://www.taxtmi.com/caselaws?id=34492 Income from letting out surplus warehouses or godowns used in a continuing flour mill business retained its business character because the business had not been discontinued and the premises remained part of the business establishment. The letting was only of surplus space, and the warehouses were later reused for business purposes. On that basis, the receipt was treated as business income, and the consequential claims for deduction under Section 32AB, depreciation on the warehouses, and repair expenses were allowable. en-us Thu, 03 Sep 2009 00:00:00 +0530 Mon, 07 Sep 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34492 Income from letting out surplus warehouses or godowns used in a continuing flour mill business retained its business character because the business had not been discontinued and the premises remained part of the business establishment. The letting was only of surplus space, and the warehouses were later reused for business purposes. On that basis, the receipt was treated as business income, and the consequential claims for deduction under Section 32AB, depreciation on the warehouses, and repair expenses were allowable. Case-Laws Income Tax Thu, 03 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34492