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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Addition for 'income from house property' - there is no evidence ...


Assessee's House Property Income Addition Overturned Due to Lack of Evidence; Based on Unsustainable Assumptions by Assessing Officer.

September 21, 2015

Case Laws     Income Tax     AT

Addition for 'income from house property' - there is no evidence which can substantiate that the assessee actually earned rental income from the said property during the previous year - addition made by the AO on the basis of surmises and conjectures cannot be held as sustainable - AT

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