https://www.taxtmi.com/caselaws?id=258519 The Tribunal partly allowed the assessee's appeal, ruling that notional interest on the Rs. 22 crore loan should not be factored into the Annual Letting Value (ALV). It directed the Assessing Officer to consider the income from letting out furniture and fixtures as income from house property, modifying the CIT's decision. en-us Fri, 30 Jan 2015 00:00:00 +0530 Sun, 12 Apr 2015 12:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258519 The Tribunal partly allowed the assessee's appeal, ruling that notional interest on the Rs. 22 crore loan should not be factored into the Annual Letting Value (ALV). It directed the Assessing Officer to consider the income from letting out furniture and fixtures as income from house property, modifying the CIT's decision. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258519