IT: Where assessee let out shops in one building to various tenants and one of said shop was illegally sublet to 'P' bank, in view of fact that all other tenants were protected under Delhi Rent Control Act, order passed by Rent Control Tribunal in eviction proceedings directing illegal tenant to deposit certain compensation on monthly basis in Court, could not form basis to make addition to assessee's rental income in respect of other tenants as well
from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000186370/hc-deleted-additions-as-no-order-was-passed-by-rent-control-tribunal-fixing-higher-rent-of-assessee’s-premises.aspx
Subscribe to:
Post Comments (Atom)
AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...
-
In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
-
IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...
-
2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
No comments:
Post a Comment