https://www.taxtmi.com/highlights?id=79130 Assessee received compensation for transferring rights, rightly assessed as income from other sources, not capital gains. AO's determination of notional rent at Rs. 2.01 lakhs based on reasonable realizable rental value upheld. Addition of interest income confirmed due to lack of evidence regarding clubbing with spouse's income. Claim for deduction under Chapter VIA rejected for failure to produce evidence. Appeal partly allowed. en-us Fri, 05 Jul 2024 08:20:24 +0530 Fri, 05 Jul 2024 08:20:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79130 Assessee received compensation for transferring rights, rightly assessed as income from other sources, not capital gains. AO's determination of notional rent at Rs. 2.01 lakhs based on reasonable realizable rental value upheld. Addition of interest income confirmed due to lack of evidence regarding clubbing with spouse's income. Claim for deduction under Chapter VIA rejected for failure to produce evidence. Appeal partly allowed. Highlights Income Tax Fri, 05 Jul 2024 08:20:24 +0530 https://www.taxtmi.com/highlights?id=79130