Case Law Details
Case Name : Principal Commissioner of Income Tax Vs M/s. Sakthi Sugers Ltd. (Madras High Court)
Related Assessment Year : 2010-11
Courts :
All High Courts Madras High Court
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PCIT Vs M/s. Sakthi Sugers Ltd. (Madras High Court)
Issue- Whether the Appellate Tribunal is right in allowing the rental income of the assessee as ‘business income’ instead of ‘income from house property‘ when the principal object of the assessee company is not letting out of properties ?
When this matter came up for hearing on 08.12.2017, we posed a question
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