executing a fresh lease deed, which amounts to implied surrender. The surrender may be express or implied. The unregistered document is not admissible ... surrender of the old tenancy, for a new lease cannot be granted unless the old is surrendered. Such a surrender takes place by operation
that in the absence of corroborative evidence except what has been surrendered no other addition can be made. The assessee contended that the Department should ... they expressed that they had no objection to the amount surrendered, but made it clear that it was surrendered in the personal capacity
that the Appellant had submitted a formal
request to surrender the JMPL authorization; however, the Respondent
Board held against the Appellant and encashed ... accepted
given its conditional nature. The Appellant thereafter expressed its intent
to surrender the Authorisation. In this regard, the Board directed the
Appellant to submit
with the surrender made by Sri Mulchand Malu and therefore
there was no question of honouring such surrender. The
Assessing Officer also expressed his inability
have
any exit route and certain public shareholders expressed their desire
to tender and/or surrender their equity shares. Therefore, the
Respondent-Company decided
account
does not resulting neutralizing the surrender itself as
filed and expressed by the AO in the order. Further
there is no requirement under
survey
proceedings. We are unable to verify and express our opinion on the said retraction of
surrendered income and related accounting adjustments made
Anil Kumar Khandelwal, Agra vs Assessee
1
IN THE INCOME TAX APPELLATE TRIBUNAL
AGRA BENCH
surrender of income from the
assessee. Appellant has also referred to Board's Circular dated 10th
March, 2003 wherein the Board has expressed ... pressure by the search team during the search action to take
the surrender from the appellant. The appellant has not filed any
retraction after
then seek to avoid the obligation on a plea of unilateral surrender.
Similarly, even when a Company is registered as a charitable entity under Section ... being a charitable institution can
unilaterally surrender or convert the same. Such conversion is subject to the express
provisions of the Companies Act, 2013 . Failure
