https://www.taxtmi.com/caselaws?id=38229 The court upheld the computation of income from house property based on the actual rent received by the assessee, rejecting the revenue's argument to use the annual municipal value. The court emphasized the genuineness of the rent received and referred to relevant precedents supporting this approach. The decision favored the assessee, K. Govindan, with costs awarded in their favor. en-us Tue, 18 Oct 1977 00:00:00 +0530 Mon, 05 Apr 2010 11:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38229 The court upheld the computation of income from house property based on the actual rent received by the assessee, rejecting the revenue's argument to use the annual municipal value. The court emphasized the genuineness of the rent received and referred to relevant precedents supporting this approach. The decision favored the assessee, K. Govindan, with costs awarded in their favor. Case-Laws Income Tax Tue, 18 Oct 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38229