https://www.taxtmi.com/caselaws?id=397120 The appeal was dismissed, affirming the AO's classification of compensation as "income from house property" and validating the re-opening of the assessment under section 147 of the Income Tax Act, 1961. The Tribunal found no merit in the other grounds, deeming them vague or premature. The Tribunal also addressed procedural delays due to COVID-19, excluding the lockdown period from the 90-day pronouncement requirement. en-us Mon, 13 Jul 2020 00:00:00 +0530 Fri, 08 Nov 2024 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397120 The appeal was dismissed, affirming the AO's classification of compensation as "income from house property" and validating the re-opening of the assessment under section 147 of the Income Tax Act, 1961. The Tribunal found no merit in the other grounds, deeming them vague or premature. The Tribunal also addressed procedural delays due to COVID-19, excluding the lockdown period from the 90-day pronouncement requirement. Case-Laws Income Tax Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397120