Further, it was stated in
para 4(d) that lease agreement with tenants were mainly for the area
given on rent and intention of assessee ... income.
17. The assessee has entered into separate maintenance agreement
with tenant clearly defining scope of maintenance services and
maintenance charges to be paid
Further, it was stated in
para 4(d) that lease agreement with tenants were mainly for the area
given on rent and intention of assessee ... income.
17. The assessee has entered into separate maintenance agreement
with tenant clearly defining scope of maintenance services and
maintenance charges to be paid
then it ceases to be income under s. 2 (24(vi) as defined therein. Being not "income" s. 10(3) in any case ... supra) has held the same as not applicable in cases where the tenant has an estate or interest in the tenanted premises.
18. Mrs. Prem
Bharat Hotels Ltd. vs Deputy Commissioner Of Income-Tax on 17 April, 1995
Equivalent citations
tenant even after the termination of the lease. AO referred to Section 2 [12] of the code of civil procedure which defines "Mesne Profit
intimating its decision to vacate the tenanted area,
(ii) Surrender the tenancy in respect of the tenanted area on or before 18th February ... that tenancy created by the assessee was tenant holding over, a statutory tenancy which enabled the tenant to retain possession after the expiry of contractual
intimating its decision to vacate the tenanted area,
(ii) Surrender the tenancy in respect of the tenanted area on or before 18th ... that tenancy created by the assessee was tenant holding over, a statutory tenancy which enabled the tenant to retain possession after the expiry of contractual
under:
(a) I was neither a tenant or a sub-tenant of the said premises at any time within the true meaning of the expression ... retainer of the tenant and has worked on priority basis for the tenant, thereby the appellant has obliged the tenant by rendering specialized services
area occupied
by the tenant but for common area
and services which are available to
all the tenants as well as their
visitors ... received separately defined which are not for
the area let out but for the common
services.
5.
If there are no tenants, from
whom
word 'held' used in Section 2(42A) is not defined in the Act. We have, therefore, to go by the dictionary meaning ... held' means--to possess ; to be the owner or holder or tenant, keep possession, occupy. Thus, 'held' connotes ownership as well
