Mesne profits - Lease in favour of NTPC Ltd expired. However. ...

NTPC Ltd. faces eviction after lease expiry; Trial Court awards mesne profits with 24% interest, deemed non-taxable.

April 18, 2017

Case Laws Income Tax AT

Mesne profits - Lease in favour of NTPC Ltd expired. However. NTPC Ltd. did not vacate the premises. - The suit for eviction was decreed. Mesne profits @Rs.40/- per sq. ft. with 24% interest was awarded by the Trial Court - Not taxable as revenue receipt - AT

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Mesne profits - Lease in favour of NTPC Ltd expired. However. ...

NTPC Ltd. faces eviction after lease expiry; Trial Court awards mesne profits with 24% interest, deemed non-taxable.

April 18, 2017

Case Laws Income Tax AT

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