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TMI Blog2015 (9) TMI 662X X X X Extracts X X X X X X X X Extracts X X X X ..... r Standing Counsel and Mr Zoheb Hossain, Advs For the Respondent : Mr V P Gupta and Mr Anunav Kumar, Advs ORDER 1. These are ten appeals under Section 260 A of the Income Tax Act, 1961 ('Act') against the orders of the Income Tax Appellate Tribunal (ITAT). Eight of these are appeals by the Assessee and two are by the Revenue. 2. The Assessee's appeals being ITA No. 841/2007 (corres ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. When the appeals were called out, Mr. V.P. Gupta, learned counsel for the Assessee, stated that he had instructions to withdraw the aforementioned appeals of the Assessee. Accordingly ITA Nos. 162/2003, 836/2007, 841/2007, 848/2007, 849/2007, 850/2007,859/2007 and 860/2007, for Assessment Years ('AY') 1992-93 to 1999 to 2000 accordingly, dismissed as withdrawn. 3A. Mr. Gupta further su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ess' and not 'income from house property'? (ii) Whether on the facts and in the circumstances of the case the learned ITAT was correct in law in holding that the income from sale of flat in Scindia House as 'income from business' instead of income taxable under the head 'capital gains'? 5. The question of law framed by the Court in ITA No. 101/2002 against the order ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . In other words, it is held that even for the said AYs 1990-91 and 1991-92, the rental income received by the Assessee from the tenants in occupation of the property known as Scindia House, Connaught Place, New Delhi shall be taxed as income from house property. Accordingly, the impugned orders dated 31st May 2002 of the ITAT in ITA No. 2543/DEL/1995 and 13th August 2001 in ITA No. 5769/Del/95 as ..... X X X X Extracts X X X X X X X X Extracts X X X X
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