https://www.taxtmi.com/caselaws?id=12835 The court ruled in favor of the assessee regarding the entitlement to vacancy allowance under section 24(1)(ix) of the Income-tax Act, 1961 for unoccupied portions of the property. The court supported the assessee's position on the ownership status of three flats and the assessment of income from those flats, referencing a previous apex court decision. However, the court directed a fresh hearing by the Tribunal specifically on the issue of vacancy allowance for unoccupied portions, emphasizing the need for a more detailed analysis. The judgment highlighted the importance of thorough examination in legal proceedings under the Income-tax Act. en-us Wed, 14 Feb 2001 00:00:00 +0530 Fri, 22 May 2009 12:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12835 The court ruled in favor of the assessee regarding the entitlement to vacancy allowance under section 24(1)(ix) of the Income-tax Act, 1961 for unoccupied portions of the property. The court supported the assessee's position on the ownership status of three flats and the assessment of income from those flats, referencing a previous apex court decision. However, the court directed a fresh hearing by the Tribunal specifically on the issue of vacancy allowance for unoccupied portions, emphasizing the need for a more detailed analysis. The judgment highlighted the importance of thorough examination in legal proceedings under the Income-tax Act. Case-Laws Income Tax Wed, 14 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12835