https://www.taxtmi.com/caselaws?id=388548 The Tribunal allowed the appeal, ruling in favor of the Appellant, determining that the compensation received for the termination of the long-term lease was a capital receipt not subject to taxation. The decision was based on a thorough analysis of legal provisions, agreements, and precedents, distinguishing between capital and revenue receipts. en-us Thu, 19 Sep 2019 00:00:00 +0530 Mon, 18 Nov 2019 09:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388548 The Tribunal allowed the appeal, ruling in favor of the Appellant, determining that the compensation received for the termination of the long-term lease was a capital receipt not subject to taxation. The decision was based on a thorough analysis of legal provisions, agreements, and precedents, distinguishing between capital and revenue receipts. Case-Laws Income Tax Thu, 19 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388548