https://www.taxtmi.com/caselaws?id=205722 The court held that the Tribunal erred in not considering the legality of proceedings under sections 147 and 148 but found that as these questions were not raised earlier, they did not need to be addressed. The court reinstated the CIT (Appeals) order allowing 50% of administrative expenses related to real estate business, emphasizing consistency in decisions. The Assessing Officer's decision to treat income solely as house property income and disallow certain expenses was overturned. The court directed reassessment in line with the judgment, concluding the appeal without costs. en-us Tue, 05 Oct 2010 00:00:00 +0530 Mon, 19 Sep 2011 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205722 The court held that the Tribunal erred in not considering the legality of proceedings under sections 147 and 148 but found that as these questions were not raised earlier, they did not need to be addressed. The court reinstated the CIT (Appeals) order allowing 50% of administrative expenses related to real estate business, emphasizing consistency in decisions. The Assessing Officer's decision to treat income solely as house property income and disallow certain expenses was overturned. The court directed reassessment in line with the judgment, concluding the appeal without costs. Case-Laws Income Tax Tue, 05 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205722