Tag Archives: G.B. Lawns (P.) Ltd.

Deletions of Notional Rent, Booking Advances, Opening Cash Credit, Bad Debts, Routine Expenses Sustained; Penalty Deferred Pending Writ

By | July 27, 2026

Deletions of Notional Rent, Booking Advances, Opening Cash Credit, Bad Debts, Routine Expenses Sustained; Penalty Deferred Pending Writ Issue Whether notional rent can be added under Section 22 when rent was received as per a validly executed and active modified rent agreement. Whether booking advances carried forward from prior years or subject to internal transfer… Read More »