https://www.taxtmi.com/caselaws?id=59148 The ITAT held that the appropriation towards sinking fund from common outgoings rent constituted revenue income and should be included in the total income of the assessee. Contributions to sinking fund were considered part of the rent received, not capital receipts exempt from taxation. The ITAT overturned the CIT (A)'s decision, allowing the appeal by the revenue. en-us Mon, 06 May 1991 00:00:00 +0530 Sat, 25 Dec 2010 12:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59148 The ITAT held that the appropriation towards sinking fund from common outgoings rent constituted revenue income and should be included in the total income of the assessee. Contributions to sinking fund were considered part of the rent received, not capital receipts exempt from taxation. The ITAT overturned the CIT (A)'s decision, allowing the appeal by the revenue. Case-Laws Income Tax Mon, 06 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59148