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2020 (10) TMI 1092

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.... Garodia, Accountant Member For the Assessee : Shree V. Chandrasekhar, Advocate For the Revenue : Shree P. Mishra, JCIT DR ORDER PER A. K. GARODIA, A.M.: This M. P. is filed by the assessee and it is contended in this M. P. that there are certain apparent mistakes in this tribunal order which should be rectified u/s 254 (2). 2. In course of hearing, it was submitted by the learne....

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....g Income from House Property where the assessee has claimed deduction for Lease Rent Rs. 6 Lacs, there is net loss of Rs. 494,159/- under the head "Income from House Property" and Net Taxable Income is worked out at Rs. 202,77,951/-. Thereafter, he submitted that as per page 9 of the assessment order copy filed with Appeal Memo, the AO has started the computation by taking the figure of income at ....

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....omputing Income from House Property but it resulted in net loss of Rs. 494,159/- under the head "Income from House Property" and Net Taxable Income is worked out at Rs. 202,77,951/-. This is also true that page 9 of the assessment order copy filed with Appeal Memo, the AO has started the computation by taking the figure of income at Rs. 207,72,110/- which is after making disallowance of Lease Rent....

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....00/- and in this manner, only part disallowance of Rs. 4,68,600/- out of total disallowance of Lease Rent Rs. 6,00,000/- made by the AO was confirmed by CIT (A) which is now being deleted by us because of double disallowance as discussed above. Ground No. 6 stands allowed but ultimate result of the appeal as per order dated 20.02.2020 as "partly Allowed" remains undisturbed because apart from Grou....