Held that infrastructural facilities are taxable as business income and the amount received for common area maintenance services is taxable as income from house property. (AY. 2014-15)
Pankaj Enterprises v. Dy. CIT (2025) 237 TTJ 497 (Mum)(Trib)
S. 28(i): Business income-Income from house property-Leave and licence-Infrastructural facilities-Taxable as business income-Common area maintenance-Taxable as income from house property.[S. 22]
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