Tax on Income from renting of terrace for erection of mobile antenna tower

Maker Tower Premises Co. Op. Society Ltd. Vs ACIT (ITAT Mumbai)

Rent is for space to host the antennas and not for the antennas. As long as the rent is for the space, terrace and roof space in this case and which space is certainly a part of the building, the rent can only be taxed as ‘income from house property’.

 In view of the above discussions, and as the rent received by the assessee for use of space, by Telecom Companies, in a building, or part thereof,

Please become a Premium member. If you are already a Premium member, login here to access the full content.