CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 309/COCH/2019[2009-10]Status: DisposedITAT Cochin30 Sept 2019AY 2009-10
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
capital gains under section 45 of the Income Tax Act, 1961 was involved in that
appeal before the Supreme Court. There was a lease agreement entered into in the
year 1959 for 50 years, under which, the annual rent was paid by the Lessee to the
Lessor. The lease would have continued till 2009. However, during the relevant
previous year
