Malbros Holdings P. Ltd. v. ITO (2024)114 ITR 25 (SN)(Delhi)(Trib)

S. 28(i) : Business income-Income from other sources-Leasing and finance-Interest-Non-Banking finance-Rule of consistency-Assessable as business income.[S. 56]

Held that  the business of assessee is leasing and finance. Rule of consistency  is followed.  Assessable as business income  and not assessable as income from other sources. (AY. 2013-14)

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