https://www.taxtmi.com/caselaws?id=116684 The Tribunal upheld the assessee's appeal regarding the determination of the property's annual letting value, setting it at Rs. 50,400 per annum. Additionally, the Tribunal dismissed the revenue's appeal concerning the disallowance of capital loss on the sale of shares, accepting the fair market value option. The Tribunal also ruled in favor of the assessee regarding the addition of household expenses, noting the adequacy of explanations provided. Overall, the Tribunal resolved the issues in favor of the assessee, leading to the dismissal of the revenue's appeal on all three matters. en-us Fri, 26 Mar 2004 00:00:00 +0530 Thu, 14 Jun 2012 17:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116684 The Tribunal upheld the assessee's appeal regarding the determination of the property's annual letting value, setting it at Rs. 50,400 per annum. Additionally, the Tribunal dismissed the revenue's appeal concerning the disallowance of capital loss on the sale of shares, accepting the fair market value option. The Tribunal also ruled in favor of the assessee regarding the addition of household expenses, noting the adequacy of explanations provided. Overall, the Tribunal resolved the issues in favor of the assessee, leading to the dismissal of the revenue's appeal on all three matters. Case-Laws Income Tax Fri, 26 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116684