https://www.taxtmi.com/highlights?id=56005 Addition on account of notional house property income - Rental value had been consistently showing a declining trend in respect of subject mentioned property at Palm Signature Villa, Dubai. Hence, we hold that there is absolutely no justification for the ld. AO to adopt an adhoc increase on 10% over and above the value assessed in the previous year. - AT en-us Wed, 23 Dec 2020 15:08:02 +0530 Wed, 23 Dec 2020 15:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56005 Addition on account of notional house property income - Rental value had been consistently showing a declining trend in respect of subject mentioned property at Palm Signature Villa, Dubai. Hence, we hold that there is absolutely no justification for the ld. AO to adopt an adhoc increase on 10% over and above the value assessed in the previous year. - AT Highlights Income Tax Wed, 23 Dec 2020 15:08:02 +0530 https://www.taxtmi.com/highlights?id=56005