https://www.taxtmi.com/caselaws?id=435580 The Appellate Tribunal directed a remand back to the Assessing Officer for proper verification of expenses claimed by the assessee, emphasizing the need to differentiate expenses related to business activity and income from house property. The Tribunal highlighted the lack of evidence regarding the segregation of expenses between leased and sold units and instructed the Assessing Officer to ensure no double deduction was claimed. The appeals by the Revenue were allowed for statistical purposes, stressing the importance of accurate verification and documentation of claimed expenses. en-us Wed, 08 Feb 2023 00:00:00 +0530 Thu, 23 Mar 2023 08:27:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435580 The Appellate Tribunal directed a remand back to the Assessing Officer for proper verification of expenses claimed by the assessee, emphasizing the need to differentiate expenses related to business activity and income from house property. The Tribunal highlighted the lack of evidence regarding the segregation of expenses between leased and sold units and instructed the Assessing Officer to ensure no double deduction was claimed. The appeals by the Revenue were allowed for statistical purposes, stressing the importance of accurate verification and documentation of claimed expenses. Case-Laws Income Tax Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435580