https://www.taxtmi.com/caselaws?id=281883 The Tribunal partially allowed the revenue's appeal, remanding the case back to the CIT(A) for a fresh decision with reasoned orders. The Tribunal emphasized verifying the actual use of properties to determine if they qualify as residential or business assets, particularly focusing on the eligibility of the assessee for deduction under Section 54F and the taxability of notional rent under Section 23. en-us Tue, 24 Apr 2018 00:00:00 +0530 Thu, 11 Jul 2019 05:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281883 The Tribunal partially allowed the revenue's appeal, remanding the case back to the CIT(A) for a fresh decision with reasoned orders. The Tribunal emphasized verifying the actual use of properties to determine if they qualify as residential or business assets, particularly focusing on the eligibility of the assessee for deduction under Section 54F and the taxability of notional rent under Section 23. Case-Laws Income Tax Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281883