The Kolkata bench of Income Tax Appellate Tribunal (ITAT) in DCIT versus M/s Maa Amba Towers, held that the rental income earned from the warehouse is to be treated as business income under the provisions of the Income Tax Act, 1961. In the instant case, the revenue approached this tribunal raising a grievance that to […]
The post Rent from Warehouse facilities is Business Income: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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