https://www.taxtmi.com/caselaws?id=358152 The Tribunal partly allowed the appeals by the assessee, dismissing some issues while remitting others back to the AO for further consideration. The rental income was confirmed as income from house property, leading to the disallowance of related expenses. The Tribunal upheld the treatment of rental income and dismissed the appeals challenging it. The addition of closing stock valuation and unexplained credit entry were decided in favor of the assessee based on legal precedents. The disallowance of dividend-related expenses was dismissed as not pressed due to the smallness of the amount and the assessee's decision. en-us Wed, 04 Apr 2018 00:00:00 +0530 Fri, 06 Apr 2018 07:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358152 The Tribunal partly allowed the appeals by the assessee, dismissing some issues while remitting others back to the AO for further consideration. The rental income was confirmed as income from house property, leading to the disallowance of related expenses. The Tribunal upheld the treatment of rental income and dismissed the appeals challenging it. The addition of closing stock valuation and unexplained credit entry were decided in favor of the assessee based on legal precedents. The disallowance of dividend-related expenses was dismissed as not pressed due to the smallness of the amount and the assessee's decision. Case-Laws Income Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358152