{"id":10918,"date":"2020-04-02T06:33:08","date_gmt":"2020-04-02T06:33:08","guid":{"rendered":"http:\/\/itatonline.org\/digest\/nahalchand-laloochand-p-ltd-v-dy-cit-202077-itr-664-sn-mum-trib\/"},"modified":"2021-06-23T20:36:59","modified_gmt":"2021-06-23T15:06:59","slug":"nahalchand-laloochand-p-ltd-v-dy-cit-202077-itr-664-sn-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nahalchand-laloochand-p-ltd-v-dy-cit-202077-itr-664-sn-mum-trib\/","title":{"rendered":"Nahalchand Laloochand P. Ltd. v. Dy.CIT (2020)77 ITR 664  \/183 ITD 25 \/ 191 DTR 218\/ 204 TTJ 975(Mum.) (Trib.)"},"content":{"rendered":"<p>Tribunal held that,\u00a0 leasing of property for a period exceeding 12 years.\u00a0 Lease rental is assessable as income from house property and not as business income. <em>(<\/em>AY.1990-91 to 1992-93,1994-95,1998-99, 2000-01 to 2003-04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 22 : Income from house property-Deemed owner-Income from house property\u2013Income from business\u2013Sub letting of property\u2013 Leasing of property for a period exceeding 12 years-Lease rental is assessable as income from house property and not as business income. [S. 27(iiib), 28 (i), 56, 269UA(f)]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10918","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2Q6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10918"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10918\/revisions"}],"predecessor-version":[{"id":19585,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10918\/revisions\/19585"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}