Addition on account of notional house property income - Rental ...

December 23, 2020

Case Laws Income Tax AT

Addition on account of notional house property income - Rental value had been consistently showing a declining trend in respect of subject mentioned property at Palm Signature Villa, Dubai. Hence, we hold that there is absolutely no justification for the ld. AO to adopt an adhoc increase on 10% over and above the value assessed in the previous year. - AT

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Addition on account of notional house property income - Rental ...

December 23, 2020

Case Laws Income Tax AT

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