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
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 i.e. in March, 1986, the Assessee surrendered
tenancy rights prematurely and received a sum of 35 lacs. That sum was credited
to the reserve and surplus account, which was disallowed
