https://www.taxtmi.com/caselaws?id=352370 Mesne profits received for wrongful occupation after termination of tenancy were treated as compensation for deprivation of use, not as arrears of rent. The Tribunal followed earlier authority that such receipts arise from unlawful possession and are capital in nature rather than revenue income. On identical facts, and for consistency with coordinate bench and jurisdictional High Court support, the contrary treatment adopted by the Revenue was not accepted. The receipt for the disputed unit was therefore regarded as not chargeable to tax. 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 Mesne profits received for wrongful occupation after termination of tenancy were treated as compensation for deprivation of use, not as arrears of rent. The Tribunal followed earlier authority that such receipts arise from unlawful possession and are capital in nature rather than revenue income. On identical facts, and for consistency with coordinate bench and jurisdictional High Court support, the contrary treatment adopted by the Revenue was not accepted. The receipt for the disputed unit was therefore regarded as not chargeable to tax. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352370