https://www.taxtmi.com/caselaws?id=65456 The Tribunal allowed the appeal in part, upholding the Commissioner of Income Tax's invocation of section 263 for the non-computation of the annual letting value of the property in Delhi. However, the Tribunal rejected the inclusion of the insurance claim amount in the taxable income, directing the Assessing Officer to reassess the annual letting value without adding notional interest on the security deposit. en-us Tue, 31 Oct 2006 00:00:00 +0530 Fri, 13 Jul 2012 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65456 The Tribunal allowed the appeal in part, upholding the Commissioner of Income Tax's invocation of section 263 for the non-computation of the annual letting value of the property in Delhi. However, the Tribunal rejected the inclusion of the insurance claim amount in the taxable income, directing the Assessing Officer to reassess the annual letting value without adding notional interest on the security deposit. Case-Laws Income Tax Tue, 31 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65456