https://www.taxtmi.com/caselaws?id=64169 The Tribunal ruled in favor of assessing the income from the lease of premises at Bombay at Rs. 2,550 per month, as per the original agreement between the parties. The Tribunal rejected the CIT(A)'s decision to consider only Rs. 1,004 per month for taxation, emphasizing the importance of adhering to the terms of the original agreement enforced by the Court. The Tribunal allowed the Revenue's appeal in part, holding that the income assessable should be based on the agreed rent of Rs. 2,550 per month, in line with legal principles and previous case law. en-us Mon, 11 Feb 1985 00:00:00 +0530 Sat, 05 Feb 2011 12:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64169 The Tribunal ruled in favor of assessing the income from the lease of premises at Bombay at Rs. 2,550 per month, as per the original agreement between the parties. The Tribunal rejected the CIT(A)'s decision to consider only Rs. 1,004 per month for taxation, emphasizing the importance of adhering to the terms of the original agreement enforced by the Court. The Tribunal allowed the Revenue's appeal in part, holding that the income assessable should be based on the agreed rent of Rs. 2,550 per month, in line with legal principles and previous case law. Case-Laws Income Tax Mon, 11 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64169