Income earned by assessee from letting out various shops/stalls in shopping malls constructed by it is business income

DCIT Vs ATC Realtors Pvt. Ltd. (ITAT Guwahati)

Assessee company developed shopping malls and business centers on properties owned by it and let out same by providing host of facilities in said business centre, income derived there from was business income, as held by the Coordinate Bench of ITAT Mumbai in the case of A.C.I.T. – VS- STELLER

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