M/s Perfect Scale Company Pvt. Ltd Versus Deputy Commissioner of Income-tax - Income Tax - Case Laws

M/s Perfect Scale Company Pvt. Ltd Versus Deputy Commissioner of Income-tax - Income Tax - ITAT MUMBAI - Tri - Renting of immovable property Business income or Income form property Held that - The assessee company has leased out its entire business premises for the use of the holding company - Following Shambhu Investment (P.) Ltd. 2003 (1) TMI 99 - SUPREME Court - Merely because income is attached to any immovable property cannot be the sole factor for assessment of such income as income ................................... Income Tax - Case Laws