https://www.taxtmi.com/caselaws?id=55059 The tribunal upheld the classification of rental income from a factory building leased as a godown as income from house property, rather than business income. The property was not used for manufacturing, and the rental was based on ownership, not business activity. The absence of additional assets leased with the building supported this classification. The tribunal distinguished cases involving different letting arrangements with additional services or assets. Ultimately, the tribunal dismissed the appeals and confirmed the income as income from house property based on the specific circumstances of the case. en-us Mon, 21 Oct 1991 00:00:00 +0530 Tue, 23 Nov 2010 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55059 The tribunal upheld the classification of rental income from a factory building leased as a godown as income from house property, rather than business income. The property was not used for manufacturing, and the rental was based on ownership, not business activity. The absence of additional assets leased with the building supported this classification. The tribunal distinguished cases involving different letting arrangements with additional services or assets. Ultimately, the tribunal dismissed the appeals and confirmed the income as income from house property based on the specific circumstances of the case. Case-Laws Income Tax Mon, 21 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55059