https://www.taxtmi.com/caselaws?id=121878 The Tribunal allowed all appeals filed by the assessee. It directed the exclusion of arrear rent from taxable income, allowed depreciation and business expenses, granted credit for TDS, and provided deductions for municipal taxes and vacancy allowance. The issues of mesne profit and interest under Section 234B were deemed academic. The Tribunal also directed the grant of carry forward and set-off of unabsorbed business losses and depreciation and acceptance of the annual property value conceded by the assessee. en-us Fri, 29 Aug 2008 00:00:00 +0530 Mon, 06 Aug 2012 17:56:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121878 The Tribunal allowed all appeals filed by the assessee. It directed the exclusion of arrear rent from taxable income, allowed depreciation and business expenses, granted credit for TDS, and provided deductions for municipal taxes and vacancy allowance. The issues of mesne profit and interest under Section 234B were deemed academic. The Tribunal also directed the grant of carry forward and set-off of unabsorbed business losses and depreciation and acceptance of the annual property value conceded by the assessee. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121878