Court :
Tribunal
Brief :
The primary objective of the assessee is to be seen. If the main intention is to exploit the immovable property by way of commercial activities it must be held as business income.
Citation :
I.T.O. Vs. M/s Tejmalbhai and Co.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CMNITY HIRE
New Delhi
Others
View Details
CAclubindia
