https://www.taxtmi.com/caselaws?id=327078 The Tribunal partially allowed the appeal, directing the Assessing Officer to re-determine the income from house properties in accordance with the law and principles laid down by the Bombay High Court. The Tribunal also ordered the deletion of an addition of Rs. 22,57,000 to the assessee's income, as the assessee was permitted to follow different accounting methods for different types of income. Additionally, the Tribunal directed the AO to tax capital gains arising from certain properties in the hands of the assessee and to re-examine the addition of Rs. 14,19,000 as unexplained cash deposit with the admission of additional evidence. en-us Wed, 16 Dec 2015 00:00:00 +0530 Tue, 03 May 2016 09:31:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327078 The Tribunal partially allowed the appeal, directing the Assessing Officer to re-determine the income from house properties in accordance with the law and principles laid down by the Bombay High Court. The Tribunal also ordered the deletion of an addition of Rs. 22,57,000 to the assessee's income, as the assessee was permitted to follow different accounting methods for different types of income. Additionally, the Tribunal directed the AO to tax capital gains arising from certain properties in the hands of the assessee and to re-examine the addition of Rs. 14,19,000 as unexplained cash deposit with the admission of additional evidence. Case-Laws Income Tax Wed, 16 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327078