Income form housing property ::

Last updated: 07 September 2007

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Court :
High Court

Brief :
Held by the Hon`ble Court that, there is service-cum-lease agreement and if it is necessary, the authorities have to bifurcate a portion of rental receipt into various heads, in the interest law.

Citation :
A.R. Complex Vs. C.I.T.

Income form housing property A.R. Complex Vs. C.I.T. 06/12/2007 [2007] 292 ITR 615 (Mad) Case Fact: Whether, any income received from property is taxable as income from housing property? Decision: Held by the Hon`ble Court that, there is service-cum-lease agreement and if it is necessary, the authorities have to bifurcate a portion of rental receipt into various heads, in the interest law.

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Judgement posted by

CA.Saibaburao Nanduri

Chartered Accountant

I am a commerce graduarte of Andhra University. Studied at HINDU COLLEGE, Guntur. Became FCA and started Practice under the name and style of M/s SAIBABU RAO CO I became Chairman of CA Institute, Guntur Branch, during the year 2008-09 My post qualifications are: Information Systems Audit DISA (ICAI) ... Read more

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