Fair rental value estimated by Income Tax Inspector disapproved by ITAT. FMRV ordered to be ascertained by applying % of cost
April 2, 2017
Income Tax, ITAT, Judgments
Fair rental value estimated by Income Tax Inspector disapproved by ITAT. FMRV ordered to be ascertained u/s 23(4) by applying percentage of cost ABCAUS Case Law Citation: ABCAUS 1196 (2017) (04) ITAT The Grievance: The only issue raised by the assessee was against the confirmation of addition for …