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![Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Rent-Taxscan.jpg "Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]")
Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]
While hearing the case between Manek Lodge Properties vs. Additional Commissioner of Income Tax, Mumbai bench of Income Tax Appellate Tribunal (ITAT)...