Case Law Details
Case Name : DCIT vs. M/s. Alexandria Knowledge Park Pvt. Ltd. (ITAT Hyderabad)
Appeal Number : I.T.A. No. 142/HYD/2015
Date of Judgement/Order : 29.04.2016
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Hyderabad
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CA Saurabh Chokhra
Brief of the case:
The ITAT Hyderabad bench in the above cited case held that when the object of assessee’s business is to develop and let out the properties then even when it is also providing other facilities to tenants still the assessee’s income will be assessable as business income.
Facts of the case:
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