Mesne Profits and its interest received for unauthorised occupation of immovable property by Indian Overseas Bank is taxable: Delhi High Court [Read Judgment]

The Delhi High Court held that the mesne profits and its interest received for unauthorised occupation of immovable property by Indian Overseas Bank is taxable. The assessee, M/s Skyland Builders Pvt. Ltd. filed the original return of income declaring income. Subsequently, the return was revised declaring income under Section 115JA. In the original return, mesne […]

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