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Case Law Details

Case Name : CIT Vs Prestige Estate Projects Pvt. Ltd. (Karnataka High Court)
Related Assessment Year : 2005-06
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CIT Vs Prestige Estate Projects Pvt. Ltd. (Karnataka High Court)

The issue under consideration is whether tribunal was correct in holding rental income received from Forum Mall should be considered as ‘Income from business’ and not ‘Income from house property’, though agreement between landlord and tenant contemplating relationship of landlord and tenant and as such it would partake character of rental income?

Assessee, M/s Prestige Estate Project P

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