https://www.taxtmi.com/caselaws?id=296087 The High Court, in an appeal under Section 260A of the Income Tax Act, ruled in favor of the appellant assessee. The court held that transfer charges and non-occupancy charges were covered by the principle of mutuality and not chargeable to tax, based on the precedent set by the Supreme Court in a related case. Consequently, the appeals were allowed in favor of the appellant and against the respondent revenue. en-us Thu, 02 Aug 2018 00:00:00 +0530 Sat, 03 Jul 2021 08:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296087 The High Court, in an appeal under Section 260A of the Income Tax Act, ruled in favor of the appellant assessee. The court held that transfer charges and non-occupancy charges were covered by the principle of mutuality and not chargeable to tax, based on the precedent set by the Supreme Court in a related case. Consequently, the appeals were allowed in favor of the appellant and against the respondent revenue. Case-Laws Income Tax Thu, 02 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296087