https://www.taxtmi.com/caselaws?id=221942 The High Court dismissed the appeal, affirming the Tribunal's decision to assess arrears of rent in the years of receipt and upholding the reassessments for the years 1993-94, 1994-95, and 1995-96. The Court held that arrears of rent from past years, not just immediately preceding years, are taxable. It found that Section 25B clarified the taxation of arrears of rent in subsequent years and upheld the Tribunal's findings. The appeal was dismissed without costs. en-us Tue, 13 Mar 2012 00:00:00 +0530 Sat, 06 Apr 2013 21:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221942 The High Court dismissed the appeal, affirming the Tribunal's decision to assess arrears of rent in the years of receipt and upholding the reassessments for the years 1993-94, 1994-95, and 1995-96. The Court held that arrears of rent from past years, not just immediately preceding years, are taxable. It found that Section 25B clarified the taxation of arrears of rent in subsequent years and upheld the Tribunal's findings. The appeal was dismissed without costs. Case-Laws Income Tax Tue, 13 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221942