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![Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Rent-out-Business-Taxscan.jpg "Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]")
Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal in a recent decision ruled that the rental income earned by a licencee is chargeable under the...