ITAT adjudicated a dispute regarding income from property,...

ITAT adjudicated a dispute regarding income from property, specifically addressing notional rental income for six unsold residential units. The tribunal examined prior assessments from 2012-13 and 2014-15, where similar factual circumstances led to conflicting outcomes. Applying consistent judicial reasoning from coordinate bench precedents, the tribunal set aside the assessing officer's addition of notional rental income. The tribunal determined that the proposed taxation on unsold properties was unwarranted, effectively deleting the contested income addition. Consequently, the assessee's appeal was allowed, thereby eliminating the proposed tax liability related to the unoccupied residential units.