https://www.taxtmi.com/caselaws?id=342671 The Tribunal partially allowed the appeal, overturning the additions under 'Income from House Property' based on notional interest and interest income. The AO was directed to delete these additions and consider the municipal rateable value for determining the Annual Letting Value. The Tribunal found errors in the treatment of the non-interest bearing refundable security deposit and the accrual method of accounting for interest income, directing corrections. The appeal was partly successful for the assessee. en-us Mon, 10 Apr 2017 00:00:00 +0530 Tue, 09 May 2017 20:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342671 The Tribunal partially allowed the appeal, overturning the additions under 'Income from House Property' based on notional interest and interest income. The AO was directed to delete these additions and consider the municipal rateable value for determining the Annual Letting Value. The Tribunal found errors in the treatment of the non-interest bearing refundable security deposit and the accrual method of accounting for interest income, directing corrections. The appeal was partly successful for the assessee. Case-Laws Income Tax Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342671