https://www.taxtmi.com/caselaws?id=49407 The Supreme Court held that the income from the building and the hire from the furniture and fixtures should be assessed separately under the Income-tax Act, 1922. The income from the building was to be computed under section 9, while the income from the furniture was to be assessed under section 12(3). The Court determined that the letting of the building did not constitute a business falling under section 10. Additionally, it was found that the letting of the building and furniture was inseparable under section 12(4), entitling the appellant to specific allowances. The High Court's decision was overturned, and the appeal was allowed in favor of the appellant. en-us Fri, 06 Dec 1963 00:00:00 +0530 Tue, 29 Sep 2015 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49407 The Supreme Court held that the income from the building and the hire from the furniture and fixtures should be assessed separately under the Income-tax Act, 1922. The income from the building was to be computed under section 9, while the income from the furniture was to be assessed under section 12(3). The Court determined that the letting of the building did not constitute a business falling under section 10. Additionally, it was found that the letting of the building and furniture was inseparable under section 12(4), entitling the appellant to specific allowances. The High Court's decision was overturned, and the appeal was allowed in favor of the appellant. Case-Laws Income Tax Fri, 06 Dec 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49407