2000 (12) TMI 13

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the judgment-debtor seeks adjustment of tax deducted at source from the decretal amount. I have heard learned counsel for the parties and gone through the record. It is contended by learned counsel for the judgment-debtor and that of the Income-tax Department that according to section 194-I of the Income-tax Act, 1961, all the receipts by the decree holder were taxable. The receipts in the presen....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nted out that damages which have been awarded to the decree holder under the decree are for use and occupation of the property for the period February 26, 1989, up to May, 1995, and with effect from June 1, 1995, damages for use and occupation of the premises in suit were fixed at Rs.50 per sq. ft. per month till the vacation of the premises. Learned counsel for the decree holder has also refer....