M/S RAYALA CORP. PVT LTD vs. ASSISTANT COMMISSIONER OF INCOME TAX,CHE
C.A. No.-006437-006437 - 2016Supreme Court11 Aug 2016
properties and is receiving rent as its business income, the
said income should be taxed under the Head “Profits and
gains of business or profession” whereas the case of the
Revenue is that as the income is arising from House
