High Court Rules Income Tax Tribunal Must Follow Section 23(1)(a) for Property Income Calculation, Not Actual Rent.

High Court Rules Income Tax Tribunal Must Follow Section 23(1)(a) for Property Income Calculation, Not Actual Rent. https://www.taxtmi.com/highlights?id=2091 Income from house property - Annual rent - Whether the Income Tax Appellate Tribunal was correct in law in directing the Assessing Officer to determine the property income on the basis of actual rent received by the assessee and in ignoring the provisions of law as contained in Section 23 (1) (a) of the Income Tax Act, 1961? - Held No..... - HC en-us Mon, 14 Nov 2011 17:02:29 +0530 Mon, 14 Nov 2011 17:02:29 +0530 TaxTMI RSS Generator High Court Rules Income Tax Tribunal Must Follow Section 23(1)(a) for Property Income Calculation, Not Actual Rent. https://www.taxtmi.com/highlights?id=2091 Income from house property - Annual rent - Whether the Income Tax Appellate Tribunal was correct in law in directing the Assessing Officer to determine the property income on the basis of actual rent received by the assessee and in ignoring the provisions of law as contained in Section 23 (1) (a) of the Income Tax Act, 1961? - Held No..... - HC Highlights Income Tax Mon, 14 Nov 2011 17:02:29 +0530 https://www.taxtmi.com/highlights?id=2091