https://www.taxtmi.com/caselaws?id=397365 The Tribunal allowed the appeal of the assessee concerning the addition of rental income, as the Revenue authorities failed to follow the prescribed procedure under section 23 of the Income Tax Act. The Tribunal concluded that the rental income shown by the assessee was acceptable, leading to the deletion of the addition made by the Assessing Officer. However, the judgment did not address the second issue of the entitlement to deduction of standard deduction under section 24 of the Income-tax Act, focusing solely on the rental income addition dispute. en-us Tue, 02 Jun 2020 00:00:00 +0530 Mon, 17 Aug 2020 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397365 The Tribunal allowed the appeal of the assessee concerning the addition of rental income, as the Revenue authorities failed to follow the prescribed procedure under section 23 of the Income Tax Act. The Tribunal concluded that the rental income shown by the assessee was acceptable, leading to the deletion of the addition made by the Assessing Officer. However, the judgment did not address the second issue of the entitlement to deduction of standard deduction under section 24 of the Income-tax Act, focusing solely on the rental income addition dispute. Case-Laws Income Tax Tue, 02 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397365