https://www.taxtmi.com/caselaws?id=37361 The court determined that the stalls in 'Mangla Hat' qualified as buildings under section 22 of the Income-tax Act, 1961. The income derived from these stalls was assessed under sections 22 to 27, not under section 56. The court emphasized the permanent nature of the stalls, their commercial use, and ownership by the assessee during the lease period. This judgment clarified the interpretation of the term "buildings" under section 22 and affirmed the assessment of rental income from the stalls under sections 22 to 27 of the Act. en-us Mon, 18 Dec 1978 00:00:00 +0530 Mon, 29 Mar 2010 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37361 The court determined that the stalls in 'Mangla Hat' qualified as buildings under section 22 of the Income-tax Act, 1961. The income derived from these stalls was assessed under sections 22 to 27, not under section 56. The court emphasized the permanent nature of the stalls, their commercial use, and ownership by the assessee during the lease period. This judgment clarified the interpretation of the term "buildings" under section 22 and affirmed the assessment of rental income from the stalls under sections 22 to 27 of the Act. Case-Laws Income Tax Mon, 18 Dec 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37361