https://www.taxtmi.com/caselaws?id=339636 The ITAT Mumbai upheld the CIT-A's decision regarding the treatment of compensation received from subletting a property as income from House Property for tax purposes. The ITAT referenced legal precedents, including section 27(iiib) of the Income Tax Act, to support its conclusion. Additionally, the ITAT affirmed that only deductions provided under the computation of house property income were permissible, dismissing the appeal and upholding the CIT-A's order. en-us Wed, 01 Mar 2017 00:00:00 +0530 Thu, 02 Mar 2017 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339636 The ITAT Mumbai upheld the CIT-A's decision regarding the treatment of compensation received from subletting a property as income from House Property for tax purposes. The ITAT referenced legal precedents, including section 27(iiib) of the Income Tax Act, to support its conclusion. Additionally, the ITAT affirmed that only deductions provided under the computation of house property income were permissible, dismissing the appeal and upholding the CIT-A's order. Case-Laws Income Tax Wed, 01 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339636