Revision u/s 263 - Deemed rental value - income from house ...

ITAT Confirms Fresh Assessment for Deemed Rental Value Under Income Tax Act, Upholds Pr.CIT's Directive for Section 263 Jurisdiction.

March 16, 2024

Case Laws Income Tax AT

Revision u/s 263 - Deemed rental value - income from house property - applicability of provisions u/sec. 23(5) - The ITAT found that the Pr.CIT's order was justified in directing a fresh assessment concerning the determination of deemed rental value under section 23(5) of the Act, thus upholding the jurisdiction under section 263 for this matter.

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Revision u/s 263 - Deemed rental value - income from house ...

ITAT Confirms Fresh Assessment for Deemed Rental Value Under Income Tax Act, Upholds Pr.CIT's Directive for Section 263 Jurisdiction.

March 16, 2024

Case Laws Income Tax AT

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