https://www.taxtmi.com/caselaws?id=180370 The Tribunal allowed the appeal of the assessee regarding the assessment of interest and determination of annual rental value. The decision emphasized consistency, legal precedent, and acceptance of the Municipal Corporation's rateable value for property assessment. The appellant's interest claim of Rs.30,000 was allowed, citing consistency and legal support, despite the Assessing Officer's disallowance. The Tribunal directed the Assessing Officer to accept the income returned by the appellant for the vacant flats, Capri and Kodinar, based on the Municipal Corporation's rateable value. en-us Wed, 27 Apr 2011 00:00:00 +0530 Tue, 22 Mar 2016 15:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180370 The Tribunal allowed the appeal of the assessee regarding the assessment of interest and determination of annual rental value. The decision emphasized consistency, legal precedent, and acceptance of the Municipal Corporation's rateable value for property assessment. The appellant's interest claim of Rs.30,000 was allowed, citing consistency and legal support, despite the Assessing Officer's disallowance. The Tribunal directed the Assessing Officer to accept the income returned by the appellant for the vacant flats, Capri and Kodinar, based on the Municipal Corporation's rateable value. Case-Laws Income Tax Wed, 27 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180370