https://www.taxtmi.com/caselaws?id=212569 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and directing the Assessing Officer to calculate notional income from house property in accordance with the Income-tax Act. The Tribunal found that the two flats were used as a single unit for residential purposes, based on evidence of alterations and the Ward Inspector's report. The appeal was allowed on all issues, including ownership of flats, disallowance of rent for office space, and addition of interest paid for the housing loan, emphasizing the importance of proper documentation and compliance with tax laws. en-us Wed, 30 Nov 2011 00:00:00 +0530 Tue, 20 Nov 2012 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212569 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and directing the Assessing Officer to calculate notional income from house property in accordance with the Income-tax Act. The Tribunal found that the two flats were used as a single unit for residential purposes, based on evidence of alterations and the Ward Inspector's report. The appeal was allowed on all issues, including ownership of flats, disallowance of rent for office space, and addition of interest paid for the housing loan, emphasizing the importance of proper documentation and compliance with tax laws. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212569