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2007 (1) TMI 99 - HC - Income TaxAssessee, owner of premises was increased the rent of premises retrospectively w.e.f. 1-4-94 by way of an agreement - appellant contended that the sum of arrears was in the nature of mesne profits and not arrears of rent and as such the same cannot brought to tax under the head “income from house property” – Comm(A) & tribunal were justified in taking it as arrears of rent – so it is assessable u/s 5(1)(a) of IT Act – no question of law arise
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