https://www.taxtmi.com/caselaws?id=196785 For rent-controlled property, annual value cannot be taken above the statutory standard rent, and a rent determination for one disputed unit cannot be mechanically extended to other tenanted units without specific evidence for each premises. Unrealised rent or arrears are taxable only under the special receipt-based provisions in the year of receipt, not in the year for which the assessing authority sought to tax them. Applying these principles, the enhanced deemed rental addition was held unsustainable and relief for the assessee was maintained. en-us Wed, 04 Mar 2015 00:00:00 +0530 Thu, 14 Dec 2017 21:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196785 For rent-controlled property, annual value cannot be taken above the statutory standard rent, and a rent determination for one disputed unit cannot be mechanically extended to other tenanted units without specific evidence for each premises. Unrealised rent or arrears are taxable only under the special receipt-based provisions in the year of receipt, not in the year for which the assessing authority sought to tax them. Applying these principles, the enhanced deemed rental addition was held unsustainable and relief for the assessee was maintained. Case-Laws Income Tax Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196785