https://www.taxtmi.com/caselaws?id=200653 For property covered by rent control legislation, annual value cannot be fixed above standard rent, and disputed rent cannot be extrapolated from an isolated determination relating to another portion of the property. The Tribunal also noted that disputed receipts and arrears are taxable only in the year of receipt under the special house-property provisions governing unrealised rent and arrears. Applying the rule of consistency, it followed the earlier coordinate Bench view in the assessee's own case and found no basis to depart from that approach for the relevant assessment years. en-us Wed, 07 Sep 2016 00:00:00 +0530 Wed, 11 Apr 2018 08:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200653 For property covered by rent control legislation, annual value cannot be fixed above standard rent, and disputed rent cannot be extrapolated from an isolated determination relating to another portion of the property. The Tribunal also noted that disputed receipts and arrears are taxable only in the year of receipt under the special house-property provisions governing unrealised rent and arrears. Applying the rule of consistency, it followed the earlier coordinate Bench view in the assessee's own case and found no basis to depart from that approach for the relevant assessment years. Case-Laws Income Tax Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200653