https://www.taxtmi.com/caselaws?id=3590 The Appeals are allowed, and the matters are remanded to the Assessing Officer (AO) for fresh assessment based on standard rent computation as per the law outlined in the judgment. The court clarified that the AO must determine the annual value of the property based on standard rent if the actual rent is disputed, even if the Rent Controller has not fixed the standard rent. The AO's duty is to assess the property's annual value based on what it may reasonably be expected to let for, following principles of Rent laws. en-us Thu, 19 Oct 2006 00:00:00 +0530 Sun, 27 Jul 2008 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3590 The Appeals are allowed, and the matters are remanded to the Assessing Officer (AO) for fresh assessment based on standard rent computation as per the law outlined in the judgment. The court clarified that the AO must determine the annual value of the property based on standard rent if the actual rent is disputed, even if the Rent Controller has not fixed the standard rent. The AO's duty is to assess the property's annual value based on what it may reasonably be expected to let for, following principles of Rent laws. Case-Laws Income Tax Thu, 19 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3590