https://www.taxtmi.com/caselaws?id=68659 The reassessment proceedings were deemed valid as no assessment was initially made, and the return was only processed under section 143(1). The CIT(A)'s deletion of the Rs. 12 lakhs addition and enhancement by Rs. 15,69,355 was upheld, along with the allowance of statutory deduction under section 24 on arrears of rent. The charging of interest under section 234B was also upheld by the Tribunal. en-us Fri, 16 Mar 2007 00:00:00 +0530 Wed, 12 Jun 2013 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68659 The reassessment proceedings were deemed valid as no assessment was initially made, and the return was only processed under section 143(1). The CIT(A)'s deletion of the Rs. 12 lakhs addition and enhancement by Rs. 15,69,355 was upheld, along with the allowance of statutory deduction under section 24 on arrears of rent. The charging of interest under section 234B was also upheld by the Tribunal. Case-Laws Income Tax Fri, 16 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68659