THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. REENA JOSE
ITA/47/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
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cannot be treated as a casual or non-recurring receipt under section 10(3) and be
subjected to tax under section 56. The argument of the appellant that even if the
income cannot be chargeable under section 45, because of the inapplicability of
the computation provided under section 48, it could still impose tax under the
residuary head
