https://www.taxtmi.com/caselaws?id=414989 The Tribunal partly allowed the appeal, setting aside the Revenue's determination of rental income and restoring the income returned by the assessee. The Tribunal deemed the Revenue's reliance on the valuer's report without considering municipal valuation or standard rent as unjustified. The issue regarding the denial of statutory deduction was found irrelevant, and the claim of unfair assessment proceedings was dismissed. The order was pronounced on 12th October 2021. en-us Tue, 12 Oct 2021 00:00:00 +0530 Tue, 23 Nov 2021 06:12:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414989 The Tribunal partly allowed the appeal, setting aside the Revenue's determination of rental income and restoring the income returned by the assessee. The Tribunal deemed the Revenue's reliance on the valuer's report without considering municipal valuation or standard rent as unjustified. The issue regarding the denial of statutory deduction was found irrelevant, and the claim of unfair assessment proceedings was dismissed. The order was pronounced on 12th October 2021. Case-Laws Income Tax Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414989