Rent disallowed as receiver was neither owner & nor having possession of property rented

HIGH COURT OF GUJARAT Gujarat Ambuja Protiens Ltd. Versus Assistant Commissioner of Income-tax TAX APPEAL NO. 409 of 2012 Date of Pronouncement – 15.01.2013 ORDER Akil Kureshi, J. The assessee is in appeal against the judgement of the Income Tax Appellate Tribunal (“the Tribunal for short) dated 25.1.2012. For the assessment year 1992-1993, the following questions have been presented for our consideration : “(i) Whether, in the facts and circumstances of the case, the Income Tax Appellate Tribunal was right in law in reversing the order passed by the CIT(A)...