HIGH COURT OF DELHI
ACIT CIRCLE 39 (1) NEW DELHI
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V.B.GUPTA, J. -
(1.) By this common Judgment, four appeals being ITA Nos. 1184/06, 1185/06,
1186/06 and 1191/06 filed by the Appellant are disposed of, as all these appeals
have common ground.
(2.) These appeals arise out of a decision dated 24th February, 2006 passed
by learned Income Tax Appellate Tribunal.
(3.) Appellant is the owner of the premises bearing Municipal No. 50/1, Ist
Floor, Janpath, New Delhi which have been let out. The rent of this premises
was increased retrospectively with effect from 1-4-94 by way of an agreement and
as a result thereof, the appellant received a sum of Rs. 38,55,827.40/- during
the financial year 1999-2000 on account of arrears of rent for the period 1-4-94
to 31-03-99. The appellant did not offer this rental income in the year
relevant to the assessment year of receipt nor offered the same in the relevant
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