Allowing the appeal of the assessee the Tribunal held that, letting out space on terrace for installation of mobile tower/antenna was taxable as income from house property and not as income from other sources . Deduction is available .( AY.2013-14)
Kohinoor Industrial Premises Co-operative Society Ltd. v. ITO (2018) 173 ITD 263/ ( 2019) 174 DTR 349 /197 TTJ 966 (SMC) (Mum.)(Trib.)
S. 24 : Income from house property–Income from other sources-Co-operative society-Deductions-letting out space on terrace for installation of mobile tower/antenna was taxable as income from house property- deduction is available. [S.22, 24(a), 56]