Rental income classification as business income upheld against revenue's challenge by tax tribunal

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....ITAT dismissed the revenue's appeal regarding classification of rental income under correct head of income. The assessee had treated rental income as business income rather than house property income while filing returns. The Coordinate Bench in assessee's own case for A.Y. 2011-12 previously held that assessee's rental income was assessable as "Income from Business." The Departmental Representative conceded that facts and circumstances for the current year were identical to A.Y. 2011-12, which was decided in assessee's favor. ITAT found no infirmity in CIT(A)'s order allowing the assessee to classify rental income as business income instead of house property income, upholding the lower authority's decision against the revenue.....