Income/loss from letting out of multiplex/shopping mall and ...

Leasing Income from Multiplexes, Malls, and Theatres Classified as Business Income, Not House Property Income.

August 24, 2015

Case Laws Income Tax AT

Income/loss from letting out of multiplex/shopping mall and cinema theatre along with amenities - The very object is the commercially exploitation of the properties. - the income/loss from the multiplex is liable to be assessed as “business income/loss" and not as "income from house property" - AT

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Income/loss from letting out of multiplex/shopping mall and ...

Leasing Income from Multiplexes, Malls, and Theatres Classified as Business Income, Not House Property Income.

August 24, 2015

Case Laws Income Tax AT

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