https://www.taxtmi.com/caselaws?id=382610 The High Court held that tax on notional rental income could not be levied for a period when the property was legally unoccupiable and unoccupied. The court emphasized that statutory provisions did not support taxation under such circumstances, rejecting the Revenue's argument. The appellant's mistaken claim for vacancy allowance during this period was deemed valid. Consequently, the court ruled in favor of the appellant, overturning the Tribunal's decision and allowing the appeal. en-us Mon, 01 Jul 2019 00:00:00 +0530 Fri, 05 Jul 2019 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382610 The High Court held that tax on notional rental income could not be levied for a period when the property was legally unoccupiable and unoccupied. The court emphasized that statutory provisions did not support taxation under such circumstances, rejecting the Revenue's argument. The appellant's mistaken claim for vacancy allowance during this period was deemed valid. Consequently, the court ruled in favor of the appellant, overturning the Tribunal's decision and allowing the appeal. Case-Laws Income Tax Mon, 01 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382610