Case Law Details
Case Name : Bhuvan Leasing and Infrastructures Vs ITO (ITAT Mumbai)
Appeal Number : ITA Appeal No.4977/Mum/2006
Date of Judgement/Order : 10/06/2015
Related Assessment Year :
Courts :
All ITAT ITAT Mumbai
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Brief of the case:
In the case of Bhuvan Leasing and Infrastructures Vs ITO, ITAT Mumbai has held that where it is the intention of the assessee to lease out various premises and then sublet the same on leave and licence basis to different parties, then such activity carried on by the assessee in line with its objects is business activity undertaken by the assessee.
Facts of the case:
The as
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