https://www.taxtmi.com/caselaws?id=62506 The Tribunal upheld the treatment of rental income from Gitanjali Complex as income from house property, deleted additions under Section 69 of the IT Act, and allowed certain deductions from composite receipts. The Tribunal rejected the Revenue's appeals on issues related to interest paid to sundry creditors, trading in gold business, and making charges. The Tribunal disallowed depreciation on Gitanjali Complex, upheld the best judgment assessment, and rejected claims regarding interest paid on loans and the reopening of the case under Section 147. Charging of interest under Section 234B was upheld. The Department's appeals were partly allowed, focusing on rental income treatment and depreciation claims. en-us Mon, 28 Jun 2004 00:00:00 +0530 Thu, 20 Jan 2011 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62506 The Tribunal upheld the treatment of rental income from Gitanjali Complex as income from house property, deleted additions under Section 69 of the IT Act, and allowed certain deductions from composite receipts. The Tribunal rejected the Revenue's appeals on issues related to interest paid to sundry creditors, trading in gold business, and making charges. The Tribunal disallowed depreciation on Gitanjali Complex, upheld the best judgment assessment, and rejected claims regarding interest paid on loans and the reopening of the case under Section 147. Charging of interest under Section 234B was upheld. The Department's appeals were partly allowed, focusing on rental income treatment and depreciation claims. Case-Laws Income Tax Mon, 28 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62506