ITAT: Lease Rental from Commercial Complex Taxable as Business Income, Not House Property Income:

ITAT held that lease rental earned from a commercially exploited complex under a development agreement is taxable as business income and not as income from house property.
ITAT Rules Rental from MSRTC Project Taxable as Business Income

Premium
ITAT: Lease Rental from Commercial Complex Taxable as Business Income, Not House Property Income
ITAT held that lease rental earned from a commercially exploited complex under a development agreement is taxable as business income and not as income from house property.
Also Read
ITAT Remits Bogus Depreciation Disallowance for Fresh Adjudication ITAT Remands Rs 4.90 Crore Depreciation Dispute to CIT(A), Cites Natural Justice Concerns and Need for Further OpportunityITAT Allows Section 54F Deduction for Two Bungalows Clubbed as Single Residential UnitITAT Holds Debatable PF/ESI Issue Cannot Be Adjusted Under Section 143(1)
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1988My Recent Articles
- ITAT Remands Rs 4.90 Crore Depreciation Dispute to CIT(A), Cites Natural Justice Concerns and Need for Further Opportunity
- Sapphire Foods India Receives INR 1.40 Million GST Show-Cause Notice Over Alleged Incorrect ITC Availment and Utilisation
- Vigilance Raids GST Joint Commissioner’s Premises, Seizes Rs 14.10 Lakh Unaccounted Cash
- Vikran Engineering Receives Rs 1.55 Crore GST Notice Including Rs 83.62 Lakh Tax Demand, Interest and Penalty
- Fire Officer Allegedly Demanded Rs 3 Lakh for School NOC, Caught Accepting Rs 1 Lakh in Lokayukta Trap
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts








