TMI BlogTaxability of lease premium, interest income etc. in the hands of assessee - Ownership of land -...Taxability of lease premium, interest income etc. in the hands of assessee - Ownership of land - irrevocable transfer of lands from the state government to the assessee corporation - assessee cannot be held as owner of the land - income is not taxable in its hand. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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