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Rental Income Classified as Business Income Due to Assessee's Intent and Nature of Services Provided.

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....Correct head of income - rental income received - Intention of the Assessee is also a material circumstance and the objects of Association, the kind of services rendered clearly point out that the Income is from Business. All the factors cumulatively taken demonstrate that the assessee had intended to enter into a Business of renting out commercial space to interested parties.....

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Rental Income Classified as Business Income Due to Assessee's Intent and Nature of Services Provided.