Income from house property - ALV determination - Methodology as ...

Court Rules Against AO's 8% Income Estimation on Property Value; Methodology Misaligned with Legal Standards.

January 27, 2021

Case Laws Income Tax AT

Income from house property - ALV determination - Methodology as adopted by Ld. AO to estimate the income @8% of value of the property is not in accordance with the principles laid down by Hon'ble Court and therefore, the same could not be sustained. - AT

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Income from house property - ALV determination - Methodology as ...

Court Rules Against AO's 8% Income Estimation on Property Value; Methodology Misaligned with Legal Standards.

January 27, 2021

Case Laws Income Tax AT

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