https://www.taxtmi.com/caselaws?id=11645 The Tribunal's decision to confirm the deletion of additions made by the Assessing Officer regarding non-interest bearing deposits and non-refundable entrance fees received by the assessee was upheld by the High Court. The court found the Assessing Officer's determinations arbitrary and lacking consideration for market rent and capital nature of entrance fees, respectively. Emphasizing factual findings and legal precedents, the High Court ruled in favor of the assessee, dismissing the appeal without costs. en-us Thu, 17 Apr 2003 00:00:00 +0530 Thu, 04 Feb 2010 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11645 The Tribunal's decision to confirm the deletion of additions made by the Assessing Officer regarding non-interest bearing deposits and non-refundable entrance fees received by the assessee was upheld by the High Court. The court found the Assessing Officer's determinations arbitrary and lacking consideration for market rent and capital nature of entrance fees, respectively. Emphasizing factual findings and legal precedents, the High Court ruled in favor of the assessee, dismissing the appeal without costs. Case-Laws Income Tax Thu, 17 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11645