https://www.taxtmi.com/caselaws?id=11254 Amount received on surrender of tenancy rights was examined as a possible casual and non-recurring receipt under the Income-tax Act. The Tribunal had treated the receipt as exempt by following its earlier view for the assessee's prior assessment year, noting that the relevant facts had not changed and the Revenue did not dispute that position. The Court recorded that the similar claim had attained finality for the earlier year and found no apparent error in the Tribunal's approach on the issue framed for admission. The appeal was admitted and listed for regular hearing; the issue was not finally decided in this order. en-us Tue, 13 Aug 2002 00:00:00 +0530 Mon, 03 Aug 2009 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11254 Amount received on surrender of tenancy rights was examined as a possible casual and non-recurring receipt under the Income-tax Act. The Tribunal had treated the receipt as exempt by following its earlier view for the assessee's prior assessment year, noting that the relevant facts had not changed and the Revenue did not dispute that position. The Court recorded that the similar claim had attained finality for the earlier year and found no apparent error in the Tribunal's approach on the issue framed for admission. The appeal was admitted and listed for regular hearing; the issue was not finally decided in this order. Case-Laws Income Tax Tue, 13 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11254