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TMI Blog2012 (2) TMI 209X X X X Extracts X X X X X X X X Extracts X X X X ..... os. 315-318/Coch/2009 - - - Dated:- 6-1-2012 - S/SHRI N.R.S.GANESAN, B.R.BASKARAN, JJ. Assessee by Shri T.M.Sreedharan, Sr. Adv. Revenue by Ms. S.Vijayaprabha, Jr. DR O R D E R Per B.R.BASKARAN, Accountant Member: All these appeals are directed against the orders passed by Ld CIT(A)-I, Trivandrum and they relate to the assessment years 2002-03 to 2005-06. Since some of the issues urged in these appeals are identical in nature, they were heard together and are being disposed of by this common order, for the sake of convenience. 2. The assessee is a film actor and film producer. The assessee preferred appeals before the Ld CIT(A) against the additions made by the assessing officer, but could not find favour. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... levant here due to the difference in the facts stated in the case referred and the facts of the appellant. In view of this, I hold that the order of the Assessing Officer on this point is correct and there is no need to modify the order on this point. This ground is dismissed . 3.1 We have heard the rival contentions on this issue. We notice that the ass himself has disallowed 1/3rd of car depreciation towards his personal use. In these circumstances, we are unable to agree with the contention of the ass that no disallowance is called for out of expenses incurred towards interest, insurance and taxes. Accordingly, we confirm the order of the Ld cita on this issue 4. The next issue which is urged in ay 2003-04 and 2004-05 relate to ad-ho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ; 6000 per month to Rs.6500 per month. The assessee had been disclosing a rent of Rs.6500/- per month upto the assessment year 2002-03. However, from the assessment year 2003-04 onwards, the assessee disclosed a sum of ₹ 6000/- as rent on the plea that he is actually getting lower rent. However, the Assessing Officer computed the house property income by adopting the rent as Rs.6500/- per month. The assessee unsuccessfully agitated the enhancement of rent before Ld. CIT(A) . 5.1 We heard the ld. Counsel in this regard. There cannot be any doubt that the annual value of the property has to be determined in accordance with the provisions of s. 23 of the Act. According to the said section, the annual value shall be deemed to be the sum ..... X X X X Extracts X X X X X X X X Extracts X X X X
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