THE COMMISSIONER OF INCOME TAX, vs. PTL ENTERPRISES LIMITED,
ITA/483/2009HC Kerala19 Jul 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
For Appellant: THE COMMISSIONER OF INCOME TAXFor Respondent: M/S.PREMIER TYRES LTD
disallowance confirmed by the CIT (Appeals) and treating
ITA Nos.757/2009 and batch cases 17
the receipts from ATL as income from other sources, the
assessee filed IT Appeal No.346/Coch/2003. Through the
order in Annexure-C the appeal filed by the assessee was
allowed and the Tribunal held that the lease rental
received by the assessee from ATL under rehabilitation
scheme
