https://www.taxtmi.com/caselaws?id=249826 The Tribunal dismissed all appeals filed by the Revenue against the CIT(A)'s orders for the assessment years 2003-04, 2004-05, and 2005-06. The Revenue challenged the allowance of expenditure and depreciation despite the absence of business activity by the Assessee. The Tribunal upheld the CIT(A)'s decision, emphasizing the Assessee's entitlement to deductions due to business use of the property. The Tribunal criticized the AO's absence during hearings and the Revenue's lack of evidence. The decision was based on the Assessee's income from house property and the Tribunal's previous confirmation of the CIT(A)'s order for the assessment year 2002-03. en-us Wed, 18 Jun 2014 00:00:00 +0530 Fri, 25 Jul 2014 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249826 The Tribunal dismissed all appeals filed by the Revenue against the CIT(A)'s orders for the assessment years 2003-04, 2004-05, and 2005-06. The Revenue challenged the allowance of expenditure and depreciation despite the absence of business activity by the Assessee. The Tribunal upheld the CIT(A)'s decision, emphasizing the Assessee's entitlement to deductions due to business use of the property. The Tribunal criticized the AO's absence during hearings and the Revenue's lack of evidence. The decision was based on the Assessee's income from house property and the Tribunal's previous confirmation of the CIT(A)'s order for the assessment year 2002-03. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249826