https://www.taxtmi.com/caselaws?id=425252 The Tribunal upheld the addition to the Income from House Property based on the Annual Let out Value (ALV) calculation, emphasizing the significance of actual rent received and the assessee's responsibility to explain rental disparities. The decision highlighted the relationship factor between the assessee and his daughter as the reason for the reduced rent, attributing it to natural love and affection. The Tribunal dismissed the appeal, affirming the addition to the Income from House Property. en-us Mon, 06 Jun 2022 00:00:00 +0530 Tue, 19 Jul 2022 09:23:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425252 The Tribunal upheld the addition to the Income from House Property based on the Annual Let out Value (ALV) calculation, emphasizing the significance of actual rent received and the assessee's responsibility to explain rental disparities. The decision highlighted the relationship factor between the assessee and his daughter as the reason for the reduced rent, attributing it to natural love and affection. The Tribunal dismissed the appeal, affirming the addition to the Income from House Property. Case-Laws Income Tax Mon, 06 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425252