https://www.taxtmi.com/caselaws?id=466313 Rental receipts from a state warehousing entity were disputed as to classification as business income versus standalone rental. The taxpayer relied on consistent prior and subsequent returns treating the receipts as business turnover under the presumptive tax regime at an 8% rate; the Assessing Officer assessed on a gross basis and the first appellate authority proceeded ex parte. The tribunal returned the matter to the assessing officer for fresh adjudication in the interest of justice and permitted the taxpayer's appeals for statistical purposes. en-us Fri, 28 Feb 2025 00:00:00 +0530 Sun, 01 Feb 2026 19:07:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466313 Rental receipts from a state warehousing entity were disputed as to classification as business income versus standalone rental. The taxpayer relied on consistent prior and subsequent returns treating the receipts as business turnover under the presumptive tax regime at an 8% rate; the Assessing Officer assessed on a gross basis and the first appellate authority proceeded ex parte. The tribunal returned the matter to the assessing officer for fresh adjudication in the interest of justice and permitted the taxpayer's appeals for statistical purposes. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466313