Rental Income from Sub-Lease shall be treated as Business Income since same was Business of Assessee: ITAT [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the rental income received through sub-leasing of the property shall be treated as the business income of the assessee as the same was the business of the assessee-Company. Earlier, the Assessing Officer treated the lease rental income earned by the assessee as […]
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