https://www.taxtmi.com/caselaws?id=273482 The Tribunal allowed the appeal of the assessee, directing the tax treatment of rental income received from ICICI Bank Ltd. as 'income from house property' based on established precedents deeming the assessee as the owner. The Tribunal emphasized the long possession of the premises by the assessee and the sub-tenancy agreement with ICICI Bank Ltd., concluding that the assessee was a deemed owner entitled to deductions under section 24(a) of the Act. The decision overturned the CIT(A)'s order and aligned with previous favorable rulings for the assessee. en-us Fri, 21 Oct 2016 00:00:00 +0530 Thu, 28 Jun 2018 20:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273482 The Tribunal allowed the appeal of the assessee, directing the tax treatment of rental income received from ICICI Bank Ltd. as 'income from house property' based on established precedents deeming the assessee as the owner. The Tribunal emphasized the long possession of the premises by the assessee and the sub-tenancy agreement with ICICI Bank Ltd., concluding that the assessee was a deemed owner entitled to deductions under section 24(a) of the Act. The decision overturned the CIT(A)'s order and aligned with previous favorable rulings for the assessee. Case-Laws Income Tax Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273482