{"id":54692,"date":"2025-06-02T16:34:22","date_gmt":"2025-06-02T11:04:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/oberoi-building-investment-p-ltd-v-cit-2025-342-ctr-343-2024-244-dtr-198-calhc\/"},"modified":"2025-06-02T16:34:22","modified_gmt":"2025-06-02T11:04:22","slug":"oberoi-building-investment-p-ltd-v-cit-2025-342-ctr-343-2024-244-dtr-198-calhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/oberoi-building-investment-p-ltd-v-cit-2025-342-ctr-343-2024-244-dtr-198-calhc\/","title":{"rendered":"Oberoi Building &#038; Investment (P) Ltd. v. CIT (2025) 342 CTR 343 \/ (2024) 244 DTR 198 (Cal)(HC)"},"content":{"rendered":"<p>Held that the object of the assessee-company and its activity is the business of renting, lisencing, sub-lisencing shops, etc. and it derived income mainly from the aforesaid business activity, therefore, the income from sub-lisencing derived by the assessee is business income and not income from house property, more so when it has been accepted as business income for so may years. (AY. 2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business income-Income from house property\u2014Income from sublicensing of property\u2014Assessable as business income.[S. 22] <\/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":[21],"tags":[],"class_list":["post-54692","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ee8","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54692","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=54692"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54692\/revisions"}],"predecessor-version":[{"id":54693,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54692\/revisions\/54693"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}