https://www.taxtmi.com/highlights?id=58248 Accrual of income - ownership of land vested with the state government - Assessee is acting as an agent of the Government of Maharashtra and thus, the income in question in the form of lease premium, rent, interest on bank deposits, etc. does not belong to the assessee but to the Government of Maharashtra. - AT en-us Fri, 04 Jun 2021 16:29:42 +0530 Fri, 04 Jun 2021 16:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58248 Accrual of income - ownership of land vested with the state government - Assessee is acting as an agent of the Government of Maharashtra and thus, the income in question in the form of lease premium, rent, interest on bank deposits, etc. does not belong to the assessee but to the Government of Maharashtra. - AT Highlights Income Tax Fri, 04 Jun 2021 16:29:42 +0530 https://www.taxtmi.com/highlights?id=58248