https://www.taxtmi.com/caselaws?id=240463 The Tribunal condoned the delay in filing appeals for assessment years 2003-04 to 2009-10 due to a reasonable cause and bonafide belief of the assessee. The characterization of rental income as income from house property was upheld for the earlier years where the asset was not used for business purposes, leading to dismissal of appeals. However, for later years where no rental income was received, the Tribunal disallowed computation of notional income, allowing the appeals. en-us Fri, 06 Sep 2013 00:00:00 +0530 Thu, 17 Mar 2016 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240463 The Tribunal condoned the delay in filing appeals for assessment years 2003-04 to 2009-10 due to a reasonable cause and bonafide belief of the assessee. The characterization of rental income as income from house property was upheld for the earlier years where the asset was not used for business purposes, leading to dismissal of appeals. However, for later years where no rental income was received, the Tribunal disallowed computation of notional income, allowing the appeals. Case-Laws Income Tax Fri, 06 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240463