https://www.taxtmi.com/caselaws?id=23818 The High Court affirmed the Tribunal's decision that the annual letting value of the ground floor occupied by the firm in which the assessee was a partner is not includible in the assessee's income under section 22 of the Income-tax Act, 1961. The Court also held that the reopening of the assessment was not sustainable, as the conditions for exemption under section 22 were met. The judgment favored the assessee and was against the Revenue. en-us Mon, 17 Jul 1989 00:00:00 +0530 Thu, 14 Jan 2010 14:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23818 The High Court affirmed the Tribunal's decision that the annual letting value of the ground floor occupied by the firm in which the assessee was a partner is not includible in the assessee's income under section 22 of the Income-tax Act, 1961. The Court also held that the reopening of the assessment was not sustainable, as the conditions for exemption under section 22 were met. The judgment favored the assessee and was against the Revenue. Case-Laws Income Tax Mon, 17 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23818