https://www.taxtmi.com/caselaws?id=20710 The High Court affirmed the Tribunal's decision regarding the tax treatment of the written down value of the building as a capital receipt and upheld the ruling on not allowing the deduction of surtax in determining total income. The judgment favored the assessee, emphasizing the capital nature of the transaction and procedural limitations on raising additional grounds during the appeal process. en-us Tue, 10 Nov 1992 00:00:00 +0530 Mon, 16 Nov 2009 17:11:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20710 The High Court affirmed the Tribunal's decision regarding the tax treatment of the written down value of the building as a capital receipt and upheld the ruling on not allowing the deduction of surtax in determining total income. The judgment favored the assessee, emphasizing the capital nature of the transaction and procedural limitations on raising additional grounds during the appeal process. Case-Laws Income Tax Tue, 10 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20710