Facts of the Case
- The
assessee, M/s Skyland Builders Pvt. Ltd., leased its property to a tenant.
- The
lease was terminated due to breach of terms, but the tenant continued in
unauthorized possession.
- The
assessee filed a civil suit for possession and mesne profits.
- A
decree was passed awarding mesne profits along with interest.
- The
assessee received ₹77,87,303/- as mesne profits.
- Initially declared as income, later revised return treated it as capital receipt (non-taxable).
Issues Involved
- Whether
mesne profits received for unauthorized occupation are taxable as income.
- Whether
such receipts are capital in nature (damages) or revenue in nature
(income).
- Whether
Section 23(1) applies to such receipts.
- Whether Section 25B (inserted later) has retrospective applicability.
Petitioner’s Arguments (Assessee)
- Mesne
profits are damages for deprivation of property rights, hence capital
receipt.
- There
was no landlord-tenant relationship after lease termination.
- Only
income falling under specific heads in Section 14 is taxable.
- Mesne
profits do not qualify as “rent” under Section 23.
- Relied
on:
- CIT
vs Smt. Leela Ghosh (Calcutta HC)
- Girish
Bansal vs Union of India
- Saurashtra
Cement Ltd. (SC – capital vs revenue test)
- Section 25B cannot apply retrospectively.
Respondent’s Arguments (Income Tax Department)
- Mesne
profits compensate for loss of income from property, hence revenue
receipt.
- Defined
under CPC as profits derived from property.
- Relied
on:
- CIT
vs P. Mariappa Gounder (Madras HC &
affirmed by SC)
- Such receipts fall under taxable income and can be assessed under “Income from Other Sources” or “House Property.”
Court Findings / Judgment
- The
Court examined the true nature and character of mesne profits.
- Distinguished
between:
- Compensation
for loss of income (revenue)
- Compensation
for loss of capital asset/source (capital)
- Observed:
- Mesne
profits arise due to wrongful possession.
- They
are awarded as compensation/damages, not contractual rent.
- Held:
- Mesne
profits are not automatically taxable as income.
- Their
taxability depends on nature and circumstances.
- The
Court analyzed conflicting precedents and legal principles on capital vs
revenue receipts.
Important Clarifications by the Court
- Not
every receipt is taxable income; burden lies on Revenue to prove
taxability.
- Mesne
profits are distinct from rent.
- Taxability
depends on:
- Source
of receipt
- Nature
of compensation
- Whether
it substitutes income or capital asset loss
- Section
25B is clarificatory but not automatically retrospective in all
contexts.
- Right to mesne profits becomes enforceable only after judicial determination (inchoate right until decree).
Sections Involved
- Section
23(1), Income Tax Act, 1961
- Section
22, Income Tax Act, 1961
- Section
14, Income Tax Act, 1961
- Section
25B, Income Tax Act, 1961
- Section
260A, Income Tax Act, 1961
- Section 2(12), Code of Civil Procedure (Definition of Mesne Profits)
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2020:DHC:3140-DB/VSA03112020ITA1062005_181455.pdf
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