Accrual of income - ownership of land vested with the state ...

Case Laws Income Tax

June 4, 2021

Accrual of income - ownership of land vested with the state government - Assessee is acting as an agent of the Government of Maharashtra and thus, the income in question in the form of lease premium, rent, interest on bank deposits, etc. does not belong to the assessee but to the Government of Maharashtra. - AT

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Accrual of income - ownership of land vested with the state ...

Case Laws Income Tax

June 4, 2021

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