https://www.taxtmi.com/caselaws?id=209898 The Tribunal allowed the appeal of the assessee partially, ruling in favor of the assessee on the treatment of the sale of paintings as personal effects and not capital assets chargeable to capital gains for the assessment year 2007-08. However, the addition of deemed rent from the vacant property not in self-occupation was confirmed against the assessee. en-us Fri, 22 Jul 2011 00:00:00 +0530 Tue, 09 Jul 2013 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209898 The Tribunal allowed the appeal of the assessee partially, ruling in favor of the assessee on the treatment of the sale of paintings as personal effects and not capital assets chargeable to capital gains for the assessment year 2007-08. However, the addition of deemed rent from the vacant property not in self-occupation was confirmed against the assessee. Case-Laws Income Tax Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209898