COMMISSIONER OF INCOME TAX TDS vs. M/S MEWAR HOSPITAL PVT LTD
ITA/6/2021HC Rajasthan01 Nov 2022
Bench: SANDEEP MEHTA,KULDEEP MATHUR
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
35 lacs. That sum was credited
to the reserve and surplus account, which was disallowed by the Assessing
Officer, holding that it was income from other sources. The assessee appealed to
the Commissioner, who came to the conclusion that the assessee was liable to
pay tax on capital gains on the amount of Rs.35 lacs after deducting an amount
