https://www.taxtmi.com/caselaws?id=64282 The Tribunal held that the Assessing Officer failed to properly determine the annual value of the property, resulting in under-assessment of income. The CIT's order under Section 263 was canceled as it was based on a subsequent agreement and did not establish the earlier rent agreements as non-genuine. The Tribunal allowed the appeals, including those of Shri Har Kishan Suri and Shri Baldev Raj Suri, for the assessment years 1991-92 and 1992-93. en-us Thu, 08 Jan 1998 00:00:00 +0530 Sat, 05 Feb 2011 18:09:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64282 The Tribunal held that the Assessing Officer failed to properly determine the annual value of the property, resulting in under-assessment of income. The CIT's order under Section 263 was canceled as it was based on a subsequent agreement and did not establish the earlier rent agreements as non-genuine. The Tribunal allowed the appeals, including those of Shri Har Kishan Suri and Shri Baldev Raj Suri, for the assessment years 1991-92 and 1992-93. Case-Laws Income Tax Thu, 08 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64282