https://www.taxtmi.com/caselaws?id=375283 The court ruled that rent arrears received in subsequent years should be taxed as 'income from house property' and not 'income from other sources.' Section 25B was deemed inapplicable to assessment years predating its introduction. Reassessment proceedings under Section 147 were upheld for specific years, rejecting claims of improper initiation. The date of cheque issuance was confirmed as the basis for deducting municipal tax. The assessee was entitled to credit for tax deducted at source on arrears of rent. The court disallowed claiming vacancy allowance in reassessment if not previously claimed and permitted setting off carried forward depreciation against any income head. en-us Thu, 07 Feb 2019 00:00:00 +0530 Tue, 12 Mar 2019 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375283 The court ruled that rent arrears received in subsequent years should be taxed as 'income from house property' and not 'income from other sources.' Section 25B was deemed inapplicable to assessment years predating its introduction. Reassessment proceedings under Section 147 were upheld for specific years, rejecting claims of improper initiation. The date of cheque issuance was confirmed as the basis for deducting municipal tax. The assessee was entitled to credit for tax deducted at source on arrears of rent. The court disallowed claiming vacancy allowance in reassessment if not previously claimed and permitted setting off carried forward depreciation against any income head. Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375283