Case Law Details
Case Name : Veerprabhu Auto Pvt. Ltd. Vs ACIT (ITAT Kolkata)
Related Assessment Year : 2016-17
Courts :
All ITAT ITAT Kolkata
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Veerprabhu Auto Pvt. Ltd. Vs ACIT (ITAT Kolkata)
Rental Income Taxed as House Property; Jurisdiction Objection Rejected — ITAT Kolkata Dismisses Assessee’s Appeal
The Kolkata Bench of the ITAT dismissed the appeal of Veerprabhu Auto Pvt. Ltd. for AY 2016-17, upholding the assessment of rental income as “Income from House Property” instead of “Business Income” and rejecting the belated jurisdictional challenge.
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