2014 (6) TMI 946

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..... come Tax (Appeals) which was a receipt without consideration and taxable under Section 56(2)(v) of the Income Tax Act, 1961? (B) Whether on the facts and in the circumstances of the case and in law the Tribunal was justified in holding that the act of the Assessee in abstaining from contesting the Will of Mrs.Bamji would constitute the consideration for which payment had been received by the As .....

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..... the Tribunal was justified in deleting the addition of ₹ 3,73,95,334/made by the Assessing Officer and confirmed by the learned Commissioner of Income Tax (Appeals) which was a receipt without consideration and taxable under Section 56(2)(v) of the Income Tax Act, 1961? (B) Whether on the facts and in the circumstances of the case and in law the Tribunal was justified in holding that the .....

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