https://www.taxtmi.com/caselaws?id=193897 The Tribunal allowed the appeal, ruling that both adjacent flats used as one house should be considered self-occupied, resulting in a Nil annual value for the second flat. The decision overturned the CIT(A)'s order that had upheld the Assessing Officer's valuation. The Tribunal's reasoning emphasized the combined use of the flats as a single unit, rejecting the location-based distinction made by the CIT(A). As a result, the issue of determining the annual market value based on rent information became irrelevant due to the self-occupied status of the second flat. en-us Fri, 17 Jun 2011 00:00:00 +0530 Tue, 22 Aug 2017 14:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193897 The Tribunal allowed the appeal, ruling that both adjacent flats used as one house should be considered self-occupied, resulting in a Nil annual value for the second flat. The decision overturned the CIT(A)'s order that had upheld the Assessing Officer's valuation. The Tribunal's reasoning emphasized the combined use of the flats as a single unit, rejecting the location-based distinction made by the CIT(A). As a result, the issue of determining the annual market value based on rent information became irrelevant due to the self-occupied status of the second flat. Case-Laws Income Tax Fri, 17 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193897