https://www.taxtmi.com/caselaws?id=442354 The appeals for Assessment Years (A.Y.) 2012-13 and 2013-14 were allowed as no incriminating material was found to justify the additions made under Section 153A. For A.Y. 2014-15, 2015-16, and 2016-17, the addition of notional income from unsold flats was partly allowed, with the Assessing Officer directed to estimate rent based on municipal ratable value. Jurisdictional issues and procedural validity contentions were dismissed, along with claims of violation of natural justice. The appeal regarding the levy of interest under Sections 234A, 234B, and 234C was also dismissed. The total income assessment appeal was partly allowed. en-us Fri, 31 Mar 2023 00:00:00 +0530 Tue, 29 Aug 2023 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442354 The appeals for Assessment Years (A.Y.) 2012-13 and 2013-14 were allowed as no incriminating material was found to justify the additions made under Section 153A. For A.Y. 2014-15, 2015-16, and 2016-17, the addition of notional income from unsold flats was partly allowed, with the Assessing Officer directed to estimate rent based on municipal ratable value. Jurisdictional issues and procedural validity contentions were dismissed, along with claims of violation of natural justice. The appeal regarding the levy of interest under Sections 234A, 234B, and 234C was also dismissed. The total income assessment appeal was partly allowed. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442354