M/S CHENNAI PROPERTIES & INVEST. LTD. vs. COMMR. OF INCOME TAX CENTRAL III,T.N
The appeals are disposed of in terms of the aforesaid
C.A. No.-004494-004494 - 2004Supreme Court09 Apr 2015
business income. According to the assessing officer, since
C.A. No. 4494/2004 etc.
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JUDGMENT
the income was received from letting out of the properties,
it was in the nature of rental income. He, thus, held that
it would be treated as income from house
