Income from Letting out of Property along with other facilities in an Industrial Park / SEZ is Business Income: Madras High Court

The Madras High Court, while upholding the order of the Tribunal held that income derived from letting out of the property to tenants along with other facilities in an industrial park/SEZ should be treated as income from business in the hands of the owner of the property. The issue raised in this case was whether […]

from Taxscan | Simplifying Tax Laws https://ift.tt/31pyEct