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Rental income from business centre is business income
Case Law Details
- Case Name
- M/s. Krishna Land Developers Pvt. Ltd. Vs Asstt. Commissioner of Income Tax (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006- 07
- Courts
- All ITAT, ITAT Mumbai
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ITAT MUMBAI BENCH ‘A’
Krishna Land Developers (P.) Ltd.
versus
Assistant Commissioner of Income-tax
IT Appeal No. 5045 (Mum.) of 2011
[ASSESSMENT YEAR 2006-07]
Date of AUGUST 8, 2012
ORDER
Amit Shukla, Judicial Member
The present appeal preferred by the assessee, is directed against the impugned order dated 27th April 2011, passed by the learned Commissioner (Appeals)-V, Mumbai, for the quantum of assessment passed under section 143(3) of the Income Tax Act, 1961 (for short “the Act”) for assessment year 2007-08, on the following grounds:-
“1. On the fact and ci...
