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![Income from Letting of Building along with Furniture & Machineries is Assessable as “Other Income” under the IT Act; Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Rent-out-Business-Taxscan.jpg "Income from Letting of Building along with Furniture & Machineries is Assessable as “Other Income” under the IT Act; Delhi HC [Read Judgment]")
Income from Letting of Building along with Furniture & Machineries is Assessable as “Other Income” under the IT Act; Delhi HC [Read Judgment]
A division bench of the Delhi High Court in Jay Metal Industries Pvt. Ltd v. CIT held that the income received by the assesse from letting of the...