https://www.taxtmi.com/caselaws?id=118527 The Tribunal upheld the CIT(A)'s decisions on all issues, including the determination of Annual Lettable Value (ALV) for properties in Chennai, Chittor District, and New Delhi. It ruled in favor of aligning the ALV with Municipal Corporation valuations and tenant-agreed rents, dismissing Assessing Officer estimations lacking evidence. Additionally, the Tribunal supported the CIT(A)'s decision to allow interest deductions, emphasizing the importance of evidence-based assessments and adherence to legal entitlements. en-us Fri, 23 Dec 2005 00:00:00 +0530 Mon, 17 Jun 2013 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118527 The Tribunal upheld the CIT(A)'s decisions on all issues, including the determination of Annual Lettable Value (ALV) for properties in Chennai, Chittor District, and New Delhi. It ruled in favor of aligning the ALV with Municipal Corporation valuations and tenant-agreed rents, dismissing Assessing Officer estimations lacking evidence. Additionally, the Tribunal supported the CIT(A)'s decision to allow interest deductions, emphasizing the importance of evidence-based assessments and adherence to legal entitlements. Case-Laws Income Tax Fri, 23 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118527