Sultan Brothers (P) Ltd. v. CIT (Supreme Court)

SUPREME COURT OF INDIA SULTAN BROTHERS (P) LTD. Vs. COMMISSIONER OF INCOME-TAX DATE OF JUDGMENT: 06/12/1963 BENCH:  A.K. SARKAR, BHUVNESHWAR P. SINHA (CJ), M. HIDAYATULLAH, K.C. DAS GUPTA, N. RAJAGOPALA AYYANGAR, CITATION:  1964 AIR 1389,  1964 SCR (5) 807, (1964) 51 ITR 353 (SC) ACT: Income Tax-Assessment-Letting of building and furniture-Such letting, if business-Income Tax Act, 1922 (11 of 1922), ss.  10, 12(4). HEADNOTE: The appellant assessee let out a building fully equipped and furnished, for a term of six years for running a hotel and for certain ancillary purposes...