https://www.taxtmi.com/caselaws?id=290871 The Tribunal upheld the assessment of premium received on account of tenancy rights as capital gain, emphasizing consistency and previous assessments in favor of the assessee. The Tribunal also dismissed the appeals on the jurisdictional issue of reopening under sections 147 and 148 of the Income Tax Act, ruling that the criteria were not met. As a result, both the assessee's and the Revenue's appeals were ultimately dismissed. en-us Fri, 17 Feb 2017 00:00:00 +0530 Tue, 20 Oct 2020 08:19:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290871 The Tribunal upheld the assessment of premium received on account of tenancy rights as capital gain, emphasizing consistency and previous assessments in favor of the assessee. The Tribunal also dismissed the appeals on the jurisdictional issue of reopening under sections 147 and 148 of the Income Tax Act, ruling that the criteria were not met. As a result, both the assessee's and the Revenue's appeals were ultimately dismissed. Case-Laws Income Tax Fri, 17 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290871