https://www.taxtmi.com/caselaws?id=249862 The Tribunal ruled in favor of the Assessee, stating that when the rent received exceeds the municipal rateable value, it should be considered the annual value of the property. The decision was based on legal interpretations and precedents, directing the Assessing Officer to delete the adjustments made to the annual value declared by the Assessee for the relevant assessment years. en-us Thu, 17 Jul 2014 00:00:00 +0530 Sun, 27 Jul 2014 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249862 The Tribunal ruled in favor of the Assessee, stating that when the rent received exceeds the municipal rateable value, it should be considered the annual value of the property. The decision was based on legal interpretations and precedents, directing the Assessing Officer to delete the adjustments made to the annual value declared by the Assessee for the relevant assessment years. Case-Laws Income Tax Thu, 17 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249862