2020 (12) TMI 1262

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed the aforesaid issue in favour of the assessee on the basis that the lease rentals have been consistently offered to tax and the revenue cannot take any inconsistent stand. As submitted by revenue that the aforesaid lease on which reliance has been placed by the Tribunal is unregistered , the same has not been taken into consideration by the Tribunal. Therefore, the matter needs to be remitte .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The subject matter of the appeal pertains to the Assessment Year 2010-11. The appeal was admitted by a Bench of this Court vide order dated 09.08.2017 on the following substantial question of law: Whether on the facts and in the circumstances of the case, the Tribunal was right in deleting addition of ₹ 1.74 crores on account of lumpsum leasing charges received by the assessee even tho .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nvolved in this appeal afresh. 3. To the aforesaid extent, the order passed by the Tribunal is hereby quashed. The matter is remitted to the Tribunal to consider the substantial question of law involved in this appeal afresh, in accordance with law. It is made clear that all the contentions are kept open to be raised by both the parties. In the result, the appeal is disposed of. - - T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X