https://www.taxtmi.com/caselaws?id=352370 The Tribunal concluded that the mesne profits received by the assessee were capital receipts and not chargeable to tax. The decision aligned with previous rulings and the principle of favoring the taxpayer in cases of judicial uncertainty. As a result, the appeals of the assessee were partly allowed based on established legal precedents. en-us Wed, 04 Oct 2017 00:00:00 +0530 Wed, 13 Dec 2017 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352370 The Tribunal concluded that the mesne profits received by the assessee were capital receipts and not chargeable to tax. The decision aligned with previous rulings and the principle of favoring the taxpayer in cases of judicial uncertainty. As a result, the appeals of the assessee were partly allowed based on established legal precedents. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352370