This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Payment by Tenant for removal of Sub-Tenants from Property is Capital Expenditure
Case Law Details
- Case Name
- United Spirits Limited Vs CIT (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
United Spirits Limited Vs CIT (Calcutta High Court)
The assessee contends that it was merely in possession of the premises. Litigation was continuing in this Court. They were allowed to retain possession of the premises, by the Court, on payment of occupation charges of Rs. 32,000/- per month. They say that they were not the owners, lessee or sub-lessee of the property but were only in possession thereof, claiming to be a monthly tenant. Hence, they had no permanent title or interest. Two entities M/s. Satya Sai Properties Limited and M/s. Anam Corporation also got into the subject premises, i...
