Income earned from letting out of building along with other amenities is taxable as business income: HC

INCOME TAX : Where agreements for letting out of commercial building and provision of services are entered into contemporaneously and object is to enjoy entire property, viz., building, furniture and accessories as a whole which is necessary for carrying on business, then income derived therefrom cannot be separated based on separate agreements entered into between parties and income from such letting should ordinarily fall within head 'Profits and gains of business or profession'

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