https://www.taxtmi.com/caselaws?id=180851 The tribunal allowed the assessee's appeals, annulling the assessment under section 153C due to insufficient satisfaction regarding undisclosed income. It directed the rental income to be classified as business income instead of income from house property and permitted the claimed expenses as deductions. The decision highlighted the significance of correct jurisdiction and procedural compliance in tax assessments. en-us Fri, 24 Jun 2011 00:00:00 +0530 Sat, 08 Apr 2023 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180851 The tribunal allowed the assessee's appeals, annulling the assessment under section 153C due to insufficient satisfaction regarding undisclosed income. It directed the rental income to be classified as business income instead of income from house property and permitted the claimed expenses as deductions. The decision highlighted the significance of correct jurisdiction and procedural compliance in tax assessments. Case-Laws Income Tax Fri, 24 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180851