https://www.taxtmi.com/caselaws?id=273163 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision on all grounds. The enhancement of rental income, disallowance of brokerage, and addition on account of cessation of liability were deemed unjustified. The Tribunal emphasized the necessity of concrete evidence and proper valuation in determining rental income, and supported the principles established by higher judicial authorities concerning the cessation of liability. en-us Wed, 16 Dec 2015 00:00:00 +0530 Sat, 09 Jun 2018 07:35:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273163 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision on all grounds. The enhancement of rental income, disallowance of brokerage, and addition on account of cessation of liability were deemed unjustified. The Tribunal emphasized the necessity of concrete evidence and proper valuation in determining rental income, and supported the principles established by higher judicial authorities concerning the cessation of liability. Case-Laws Income Tax Wed, 16 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273163