Leasehold Rights Not Considered Immovable Property u/s 56(2)(vii)(b) of Income Tax Act, Court Rules.

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....Addition u/s 56(2)(vii)(b) - Whether leasehold rights are covered under the statutory definition of “any immovable property” u/s. 56 (2)(vii)(b) as defined in Explanation (d)(i) as “being land or building or both? - HELD No - AT....