1981 (5) TMI 57

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.... not liable to be assessed on notional income from house property in respect of a flat allotted to the assessee under the hire purchase tenancy agreement. The assessee's contention before the ITO was that he was paying Rs.175.20 per month as instalment to the DDA and the DDA does not recognise him as the owner during the period the payment was being made. He will become the owner only after the fu....

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....assessee. 2. On appeal the ld. AAC followed the order of the Tribunal in case of Kumari Archana Ansal vs. CIT, ITA Nos. 526 to 531 (Del)/1976-77, dt. 13th April 1979, an extract from which he quoted in his order and held since as per the agreement the assessee was only a tenant and not the owner of the property during the currency of the hire purchase agreement, the income thereof could not be ....