Monday, December 10, 2018

SLP granted against ruling that income from letting out shops in shopping malls taxable as business income

IT : Where High Court upheld Tribunal's order holding that income earned by assessee from letting out various shops/stalls in shopping malls constructed by them was to be treated as business income and not as income from house property, SLP filed against said decision was to be granted

from www.taxmann.com Latest Case Laws https://ift.tt/2PsE6mL

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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