Dismissing the appeal of the revenue the Tribunal held that maintenance charges received by assessee from tenants for undertaking maintenance of common areas of property was to be assessed as income from business and profession and not as income from house property. (AY. 2013-14)
DCIT v. Arham IT Infrastructure (P.) Ltd. (2021) 190 ITD 657 (Delhi)(Trib.)
S. 28(i) : Business income-Maintenance charges of common areas from tenants-Assessable as business income and not as income from house property. [S. 22]