2022 (10) TMI 616

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... No. 3548 of 2007 - -<br>Income Tax<br>Hon&#39;ble Mr. Justice Sanjiv Khanna And Hon&#39;ble Mr. Justice J.K. Maheshwari For the Appellant(s) : Mr. Arijit Prasad, Sr. Adv., Mr. Rupesh Kumar, Adv., Mr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....construing the relevant clauses, it is apparent that the respondent-assessee had become the owner of the plant and machinery. Further the lease rentals in entirety have been taxed as a revenue receipt....