K.N. RAZDAN versus COMMISSIONER OF INCOME TAX
For Sale of Flats Income contract heads provide the right to re-enter and re-evaluate the flats in breach of a contracted lease of property, whether rent from flats is derived from property or other sources of income. The High Court decision was reversed and the decision re-presented. Appeal to the Supreme Court that all the decisions should be set aside and the cases which will be heard again on the Indian Income Tax Act, 1961, Sections 22, 56, 63 and 256 on the Merit.
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