https://www.taxtmi.com/caselaws?id=37301 The court determined that income from bustee properties should be classified under section 22 of the Income-tax Act, 1961, as income from property. The court rejected the assessee's claims regarding ownership, nature of structures, and classification as business income. The decision favored the revenue without awarding costs to either party, leaving open any other potential benefits for the assessee under the Act. en-us Thu, 16 Mar 1978 00:00:00 +0530 Mon, 29 Mar 2010 10:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37301 The court determined that income from bustee properties should be classified under section 22 of the Income-tax Act, 1961, as income from property. The court rejected the assessee's claims regarding ownership, nature of structures, and classification as business income. The decision favored the revenue without awarding costs to either party, leaving open any other potential benefits for the assessee under the Act. Case-Laws Income Tax Thu, 16 Mar 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37301