TMI BlogIncome derived from mere letting out of property - receipt of facility charges for providing specific...Income derived from mere letting out of property - receipt of facility charges for providing specific services like house-keeping, security, etc - it is quite evident that the said services are distinct from letting out of the property and, therefore, assessee is justified in asserting that the same be taxed as ‘business income’.- AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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