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Income Tax

Consolidated service charges for let out property are taxable under ‘Income from house property’.

Case Law Details

Case Name
Commissioner of Income-tax - 2 Vs J.K. Investors (Bom.) Ltd. (Bombay high Court)
Date of Judgement/Order
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HIGH COURT OF BOMBAY Commissioner of Income-tax – 2 v/s. J.K. Investors (Bom.) Ltd. IT APPEAL NO. 1089 OF 2011 JULY 25, 2012 JUDGMENT M.S. Sanklecha, J. This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 (‘the Act’) challenges the order dated 09.09.2010 of the Income-tax Appellate Tribunal (‘the Tribunal’) relating to the assessment year 2004-2005. The appellant has raised the following questions of law for the consideration of this court. (a)  Whether on the facts and in the circumstances of the case and in law, the Tribunal was correct i...
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