https://www.taxtmi.com/caselaws?id=37302 Income from temporary structures on leasehold land was treated as income from property rather than business income because limited ownership of the structures did not prevent assessment under section 9, and no factual basis showed a regular business activity in letting them out. The structures were also found to be "buildings" for section 9, since evidence showed they lasted beyond a single season and were capable of being let from year to year. The reference was therefore answered for the Revenue, and the receipts were held taxable as property income under the Indian Income-tax Act, 1922. en-us Mon, 03 May 1976 00:00:00 +0530 Mon, 29 Mar 2010 10:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37302 Income from temporary structures on leasehold land was treated as income from property rather than business income because limited ownership of the structures did not prevent assessment under section 9, and no factual basis showed a regular business activity in letting them out. The structures were also found to be "buildings" for section 9, since evidence showed they lasted beyond a single season and were capable of being let from year to year. The reference was therefore answered for the Revenue, and the receipts were held taxable as property income under the Indian Income-tax Act, 1922. Case-Laws Income Tax Mon, 03 May 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37302