https://www.taxtmi.com/caselaws?id=182643 The Tribunal upheld the classification of rental income as income from house property, determined the Annual Letting Value (ALV) based on the municipal rateable value without including notional interest, and directed the Commissioner (Appeals) to consider the grounds related to the charge of interest and penalty enhancement. The appeals of the assessee were partly allowed, and those of the Revenue were dismissed. en-us Mon, 25 Mar 1996 00:00:00 +0530 Mon, 16 May 2016 16:06:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182643 The Tribunal upheld the classification of rental income as income from house property, determined the Annual Letting Value (ALV) based on the municipal rateable value without including notional interest, and directed the Commissioner (Appeals) to consider the grounds related to the charge of interest and penalty enhancement. The appeals of the assessee were partly allowed, and those of the Revenue were dismissed. Case-Laws Income Tax Mon, 25 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182643