https://www.taxtmi.com/caselaws?id=65004 The Tribunal directed the Assessing Officer to verify the income assessed in earlier years and provide the appellant with an opportunity to substantiate the claim of deduction of unrealized rent from house property income. Regarding the claim of exemption under section 54F of the Income-tax Act, the Tribunal held that the appellant's investment in constructing a mezzanine floor with a kitchen and toilet qualified as investing in a new residential house. Therefore, the Tribunal allowed the claim for exemption under section 54F, partly allowing the appeals. en-us Fri, 23 Jan 1998 00:00:00 +0530 Fri, 11 Feb 2011 16:09:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65004 The Tribunal directed the Assessing Officer to verify the income assessed in earlier years and provide the appellant with an opportunity to substantiate the claim of deduction of unrealized rent from house property income. Regarding the claim of exemption under section 54F of the Income-tax Act, the Tribunal held that the appellant's investment in constructing a mezzanine floor with a kitchen and toilet qualified as investing in a new residential house. Therefore, the Tribunal allowed the claim for exemption under section 54F, partly allowing the appeals. Case-Laws Income Tax Fri, 23 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65004