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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Rental income from mobile towers - the income received by the ...


Income from Cellular Antennas on Terrace Classified as Rental Income for Tax Purposes under House Property Category.

October 9, 2018

Case Laws     Income Tax     AT

Rental income from mobile towers - the income received by the assessee from the cellular operators/mobile companies is on account of letting out space on the terrace for installation and operation of antennas and nothing else. - Thus the rental income received by the assessee from such letting–out has to be treated as income from house property.

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