https://www.taxtmi.com/caselaws?id=362638 Rental receipts from a sub-tenancy arrangement were assessable as income from house property because the assessee had already been treated as a deemed owner under section 27(iiib) read with section 269UA(f)(i) of the Income-tax Act, 1961. The Tribunal followed its own earlier decision in the assessee's case, found no new material or change in law, and held that the Revenue had not shown any distinguishing feature to depart from the coordinate bench precedent. The assessee was therefore entitled to deduction under section 24(a), and the Revenue's challenge failed. en-us Wed, 27 Jun 2018 00:00:00 +0530 Fri, 29 Jun 2018 07:17:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362638 Rental receipts from a sub-tenancy arrangement were assessable as income from house property because the assessee had already been treated as a deemed owner under section 27(iiib) read with section 269UA(f)(i) of the Income-tax Act, 1961. The Tribunal followed its own earlier decision in the assessee's case, found no new material or change in law, and held that the Revenue had not shown any distinguishing feature to depart from the coordinate bench precedent. The assessee was therefore entitled to deduction under section 24(a), and the Revenue's challenge failed. Case-Laws Income Tax Wed, 27 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362638