The Commonwealth Trust Ltd., Calicut, ... vs The Commissioner Of Income Tax, Kerala ... on 30 July, 1997
In this case, the company was
Trust Ltd. vs CIT (SC) 42 ITR 49 engaged in the development &
construction of shops. The income
was received from let out of such
shops. There were no separate
receipts for maintenance of common
facilities as in the case of the
appellant.