https://www.taxtmi.com/caselaws?id=776500 The ITAT Hyderabad set aside the matter to the AO for fresh verification of ownership and income attribution regarding rental income reported by the assessee as trustee. The tribunal accepted the corrected Form 26AS and bank statements showing rent credited to the Trust but held that these alone do not prove ownership or income belonging to the Trust. The assessee failed to provide credible evidence, including ownership documents or the Trust's income return, for the relevant year. The AO was directed to delete the addition if the assessee can establish ownership of the property or that the rental income was offered by the Trust. The appeal was allowed for statistical purposes. en-us Thu, 31 Jul 2025 00:00:00 +0530 Tue, 12 Aug 2025 08:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776500 The ITAT Hyderabad set aside the matter to the AO for fresh verification of ownership and income attribution regarding rental income reported by the assessee as trustee. The tribunal accepted the corrected Form 26AS and bank statements showing rent credited to the Trust but held that these alone do not prove ownership or income belonging to the Trust. The assessee failed to provide credible evidence, including ownership documents or the Trust's income return, for the relevant year. The AO was directed to delete the addition if the assessee can establish ownership of the property or that the rental income was offered by the Trust. The appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776500