Maintenance charges taxable as business income since not connected to rental income

LPR Company Pvt Ltd Vs ACIT (ITAT Delhi) ITAT Delhi held that maintenance charges not connected to the rental income cannot be considered as part of rental income. Accordingly, maintenance charge collected is taxable as business income. Facts- The assessee is a resident corporate entity. The source of income of the assessee is rental and other income received from letting out building owned by it. In course of assessment proceedings, AO noticed that the assessee had offered rental income of Rs.73,21,536/- as income from house property. Whereas, the maintenance income of Rs.7,68,688/- received ...