https://www.taxtmi.com/caselaws?id=336437 The Tribunal dismissed the revenue's appeal for the assessment year 2006-07, upholding the deletion of the addition of notional interest on an interest-free deposit to the actual rent received by the assessee. Additionally, the Tribunal set aside the protective addition made under section 2(22)(e) of the Act and remanded the matter back to the AO for fresh examination. The Tribunal directed the AO to reassess the matters in accordance with the law and provide the assessee an opportunity to be heard. Other appeals with identical issues were also restored to the AO for de novo assessment. en-us Tue, 20 Dec 2016 00:00:00 +0530 Wed, 21 Dec 2016 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336437 The Tribunal dismissed the revenue's appeal for the assessment year 2006-07, upholding the deletion of the addition of notional interest on an interest-free deposit to the actual rent received by the assessee. Additionally, the Tribunal set aside the protective addition made under section 2(22)(e) of the Act and remanded the matter back to the AO for fresh examination. The Tribunal directed the AO to reassess the matters in accordance with the law and provide the assessee an opportunity to be heard. Other appeals with identical issues were also restored to the AO for de novo assessment. Case-Laws Income Tax Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336437