https://www.taxtmi.com/caselaws?id=444171 The Tribunal partly allowed the appeal. It upheld the Assessing Officer's estimation of rental income under Section 23(1a) of the Income Tax Act, noting the lack of furnished flats and higher market rates. However, it directed the AO to allow the municipal tax deduction under Section 24 after verifying the payments made through the housing society, recognizing the common practice in such scenarios. en-us Fri, 08 Sep 2023 00:00:00 +0530 Tue, 10 Oct 2023 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444171 The Tribunal partly allowed the appeal. It upheld the Assessing Officer's estimation of rental income under Section 23(1a) of the Income Tax Act, noting the lack of furnished flats and higher market rates. However, it directed the AO to allow the municipal tax deduction under Section 24 after verifying the payments made through the housing society, recognizing the common practice in such scenarios. Case-Laws Income Tax Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444171