Tuesday, March 19, 2019

HC deleted additions as no order was passed by Rent Control Tribunal fixing higher rent of assessee’s premises

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

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