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The Calcutta High Court in the case of Mukherjee Estate ( P ) Ltd. v. CIT (113TAX313) held that putting up of hoarding for advertisement is neither let out of any building nor the land appurtenant thereto and any such income would be assessable under the head income from other sources. In this case the assessee permitted some companies to display their boards on hoarding. However in case the agreement is drafted to let out the roof area then it may be possible to bring such charge under the head income from house property.

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