ITEM NO.9 Court 12 (Video Conferencing) SECTION XI-A SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s). 1877-1884/2022 (Arising out of impugned final judgment and order dated 22-07-2021 in ITA No. 193/2012 22-07-2021 in ITA No. 185/2013 22-07-2021 in ITA No. 200/2013 22-07-2021 in ITA No. 206/2013 22-07-2021 in ITA No. 207/2013 22-07-2021 in ITA No. 227/2013 22-07-2021 in ITA No. 92/2014 22-07-2021 in ITA No. 93/2014 passed by High Court Of Kerala At Ernakulam) M/S PTL ENTERPRISES LTD. Petitioner(s) VERSUS DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 4(1) Respondent(s) (FOR ADMISSION and IA No.17476/2022-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) Date : 21-02-2022 These petitions were called on for hearing today. CORAM : HON'BLE MR. JUSTICE M.R. SHAH HON'BLE MRS. JUSTICE B.V. NAGARATHNA For Petitioner(s) Mr. Ajay Vohra, Sr. Adv. Ms. Kavita Jha, AOR Mr. Rohit Jain, Adv. Mr. Aniket D. Agarwal, Adv. Mr. Saksham Singhal, Adv. For Respondent(s) UPON hearing counsel Court made following ORDER Both Income Tax Appellate Tribunal (ITAT) as well as High Court have rightly held that rental income to be treated as income from other sources . We are in complete agreement with view taken by ITAT as well as High Court. On other two questions/issues also, namely, on quality loss and on penalty/stores and spares , we are in complete agreement with ITAT as well as High Court. we see no reason to interfere with impugned judgment and order(s) passed by High Court in exercise of powers under Article 136 of Constitution of India. Signature Not Verified Digitally signed by R Natarajan Date: 2022.02.23 Special Leave Petitions stand dismissed. 15:21:16 IST Reason: Pending application stands disposed of. (R. NATARAJAN) (NISHA TRIPATHI) ASTT. REGISTRAR-cum-PS BRANCH OFFICER PTL Enterprises Ltd. v. Deputy Commissioner of Income-tax Circle 4(1)