Case Name : B. Jamasji mistry (p.) Ltd. Vs. Third ITO
Citation :  12 ITD 546 (BOM. TRIB.)
Court : ITAT -Bombay
Section : 23
Meaning : For the purpose of section 23(1)(b), lease alone is singled out from all other cases of grant of property for use and occupation to another and, therefore, it is difficult to extract a forced meaning from the word ‘let’ so as to include a case of licence also.