compliance
thereof , inter-alia, submitted copy of deed of transfer and assignment
of tenancy/occupancy agreement dated 24.06.2013 entered into
between Dr. Rajul Jayesh Shah ... from Dr.
Maninder Chhabra to transfer and assign tenancy/occupancy rights
in the said shop in favour of Dr. Maninder Chhabra . It also happened
that
Three erstwhile tenants have surrendered their tenancy
rights whereas two tenants have opted for continuation of tenancy in the
new building. Assessee company ... tenants and gave alternate accommodation to the two
protected tenants and assigned tenancy rights to others on leave and license
basis by accepting substantial amount
good title. It was also pointed out that the assignment of the tenancy in favour of the assessee was challenged on the ground of invalidity ... reference was made to the Indenture of Assignment by which the partners of the firm assigned the tenancy in favour of the trustees
appreciating the fact that the language of
the deed of assignment misunderstood and tenancy right and
business of the assessee are independent to each other ... relevant to A,Y. 2008-09 even though the assessee had
assigned the tenancy right in the shop premises at Narshinath
Street, Mumbai
case that the
assessee has filed the copy of deed of assignment of tenancy rights,
copy of agreement for sale of plots at native place ... correct, the sale of residential plot at his
native place and assignment of tenancy rights is to be remanded back to
the file
second agreement dt. 29th March, 1984, whereby goodwill and the tenancy rights were assigned to the purchaser company, the CIT(A) noted that in this ... March, 1984, and no value was assigned to the goodwill. It was argued that since goodwill and tenancy rights are intangible assets, another agreement
share broking business and that the vendor would assign that business including the tenancy of the office, furniture, telephone to the assessee. We therefore fixed
statute further provides that the tenancy cannot be transferred. The tenant cannot sublet his premises. Above all, the tenancy cannot be transferred for a monetary ... clarify the above. If a tenant accepts the consideration for assigning his tenancy rights in the premises let to him for his residence, he would
filed
before the AO a copy of 'Deed of Assignment and Transfer of Tenancy'
dated 05.02.2009. The Assessing Officer (AO) noticed that ... assessee), (who are also parties
to the Deed of Assignment and Transfer of Tenancy dated 05.02.2009, as
Landlords), by a development agreement dated
present agreement for tenancy doesn't specify any
period of tenancy but it is perpetual in nature. Further, the tenancy rights
created on certain ... example, the decision in Fleurette Marine Novelle Hatam relates to
surrender / assignment of tenancy rights, Kancast (P) Ltd relates to transfer of
leasehold rights
