Signage Income from Tenants Classified as 'Income from House Property' for Tax Purposes.

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Full Text of the Document

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....When it is not in dispute that the assessee company has derived the signage income from the tenants from the space owned by the assessee company and not from the outsiders as it allowed tenants to use the space at the atrium/ different floors for putting signage, the signage income has to be treated as ‘income from house property’....