compromise, that however, the, plaintiff/landlord/owner would not execute the decree for compromise for a period upto 30th Sept., 1996; that the defendant/assessee
should be charged to tax in the year in which consent decree was
executed and the assessee vacated the property. The relevant extract ... possession of the said property from Shri M.K. Mohammed. There was
compromise or settlement between Shri M.K. Mohammed and Court Receiver
agreement of 7-1-72 had been antedated and it was executed sometime in October 1972. Thus in the litigation, claims and counterclaims were made ... Consent Decree was passed after both the sides agreed for the isame. It was as a result of this Consent Decree that the trustees
possession of the said property from Shri
M.K. Mohammed. There was compromise or settlement between Shri M.K.
Mohammed and Court Receiver ... Court Receiver, the
Hon'ble High Court passed a Consent Decree. Meantime, the assessee
entered into an agreement with Shri M.K. Mohammed
Narang Overseas Pvt. Ltd. vs The Acit on 28 February, 2007
ORDER
K.C. Singhal
Cadell Weaving Mill Co. Pvt. Ltd. vs Assistant Commissioner Of Income-Tax on 15 September
been held that where the coparceners executed a writing with a view to effect partition and agreed to hold some of the joint properties ... allotted certain items of property. The suit finally ended in a final decree passed on 16-3-1961. It was held that it was only
Estate Of Late Shri Vrajlal Chandulal ... vs Assistant Commissioner Of Income Tax ... on 29 August
Sumer Corporation, Mumbai vs Dcit Cen Cir 5(3), Mumbai on 26 December, 2018
IN
Dy Cit 15(1)(2), Mumbai vs M/S Leena Poower Tech Engineers P Ltd