https://www.taxtmi.com/caselaws?id=59848 Lump-sum salami received from prospective tenants before the tenancy came into existence, and before completion of the building, was held to be a capital receipt rather than trading or revenue income. The receipts were treated as consideration for being let into possession of premises and were not shown to arise from a trading adventure comparable to leasing operations. The addition was therefore deleted, and the Revenue's contention failed. en-us Tue, 10 Jan 1984 00:00:00 +0530 Sat, 01 Jan 2011 14:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59848 Lump-sum salami received from prospective tenants before the tenancy came into existence, and before completion of the building, was held to be a capital receipt rather than trading or revenue income. The receipts were treated as consideration for being let into possession of premises and were not shown to arise from a trading adventure comparable to leasing operations. The addition was therefore deleted, and the Revenue's contention failed. Case-Laws Income Tax Tue, 10 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59848