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Case Law Details

Case Name : Harvinderpal Mehta HUF Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2002- 2003
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RELEVANT PARAGRAPHS:

7. Rival submissions of the parties have been considered carefully. The question for our consideration is whether the income accruing to the assessee should be assessed as `business income’ as claimed by the assessee or partly as `income from house property’ and partly as `income from other sources’ as held by the Assessing Officer Officer. At the outset, we may mention that the Assessing Officer has committed-a mistake in computing the income arisin

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