https://www.taxtmi.com/caselaws?id=251471 The Tribunal allowed the assessee's appeal, leading to the deletion of the additions of Rs. 15,99,471/- on account of Dharmarth Receipts and Rs. 2,09,00,000/- due to the increased purchase cost of the leasehold godown. The Tribunal determined that the Dharmarth Receipts were not taxable and that Section 50C did not apply to the purchase of immovable property, resulting in the cancellation of both additions. en-us Fri, 05 Sep 2014 00:00:00 +0530 Mon, 15 Sep 2014 09:46:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251471 The Tribunal allowed the assessee's appeal, leading to the deletion of the additions of Rs. 15,99,471/- on account of Dharmarth Receipts and Rs. 2,09,00,000/- due to the increased purchase cost of the leasehold godown. The Tribunal determined that the Dharmarth Receipts were not taxable and that Section 50C did not apply to the purchase of immovable property, resulting in the cancellation of both additions. Case-Laws Income Tax Fri, 05 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251471