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Undisputed Tenancy Right is Capital Asset & Amount Received on its Surrender is Assessable as Capital gain
Case Law Details
- Case Name
- Kewal Silk Mills Vs Assistant Commissioner of Income-tax (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Mumbai
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ITAT MUMBAI BENCH ‘A’
Kewal Silk Mills
Versus
Assistant Commissioner of Income-tax
IT APPEAL NO. 4335 (MUM.) OF 2012
[ASSESSMENT YEAR 2009-10]
OCTOBER 12, 2012
ORDER
I.P. Bansal, Judicial Member.
This appeal is filed by the assessee. It is directed against the order passed by the learned Commissioner of Income-tax (Appeals)-25, Mumbai dated June 20, 2012 for the assessment year 2009-10. The grounds of appeal raised by the assessee read as under :
“1. The learned Commissioner of Income-tax (Appeals) has erred in law and on the facts of the case in sustaining the order of the...


