This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Receipts on surrender of tenancy rights not taxable U/s 56(2)(x): ITAT Mumbai
Case Law Details
- Case Name
- Haresh Damji Shah Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2018–19
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Haresh Damji Shah Vs ITO (ITAT Mumbai)
Addition Deleted as Section 56(2)(x) Found Inapplicable on Tenancy Surrender; Alternate Accommodation Treated as Capital Gains; All Additions Removed; Hardship and Relocation Payments Held Capital Receipts, Not Taxable; Entire Addition Set Aside as Joint Tenancy Ignored in Assessment; Stamp Duty and Parking Additions Deleted as Developer-Borne Liabilities
The appeal concerns the assessee’s challenge to the order of the CIT(A) dated 20 June 2025 relating to Assessment Year 2018-19. The assessee raised six grounds of appeal, disputing a...
