https://www.taxtmi.com/highlights?id=64478 Correct head of income - surplus arising from the transfer and assignment of right, title and interest in the agreements for acquisition of office premises - Tribunal has considered the business reality and found that the two office premises by the Appellant-Assessee were acquired with an intention to resell and not for use. - Having found no perversity in the approach of the Tribunal and its conclusion, the first question of law framed will have to be answered against the Appellant–Assessee - HC en-us Thu, 07 Jul 2022 10:55:23 +0530 Thu, 07 Jul 2022 10:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64478 Correct head of income - surplus arising from the transfer and assignment of right, title and interest in the agreements for acquisition of office premises - Tribunal has considered the business reality and found that the two office premises by the Appellant-Assessee were acquired with an intention to resell and not for use. - Having found no perversity in the approach of the Tribunal and its conclusion, the first question of law framed will have to be answered against the Appellant–Assessee - HC Highlights Income Tax Thu, 07 Jul 2022 10:55:23 +0530 https://www.taxtmi.com/highlights?id=64478