https://www.taxtmi.com/caselaws?id=424302 The ITAT ruled in favor of the assessee, overturning the additions made by the Assessing Officer regarding rental income and vacancy allowance disallowance. The decision emphasized the importance of rational assessment and supporting evidence in determining taxable income under the Income Tax Act, ultimately leading to the allowance of the appeals. en-us Wed, 09 Mar 2022 00:00:00 +0530 Mon, 27 Jun 2022 10:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424302 The ITAT ruled in favor of the assessee, overturning the additions made by the Assessing Officer regarding rental income and vacancy allowance disallowance. The decision emphasized the importance of rational assessment and supporting evidence in determining taxable income under the Income Tax Act, ultimately leading to the allowance of the appeals. Case-Laws Income Tax Wed, 09 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424302