1990 (8) TMI 80

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....61 (hereinafter referred to as the "the Act"). The assessee is an unregistered firm. It carries on business in kendu leaves. There was nationalisation of the kendu leaf trade. The assessee which had buildings for being used in its business, rented them out and got rent. The Income-tax Officer and the Appellate Assistant Commissioner held that this rent is the income out of the house property, s....