House Property income

  • Income Tax

House rent addition on notional basis u/s 23 for unrealised rent upheld when property was not vacant

In a recent judgment Chennai ITAT has upheld the addition made for notional house rent under the provisions of section…

8 years ago
  • Income Tax

Without change in facts, situation or law, no different stand can be taken. Rent taken as house property income not business

In case there is no change in the facts, situation or in law, the Revenue cannot be allowed to adopt a…

8 years ago
  • Income Tax

Rent from commercial property taxable as business income not house property

Rent from commercial property taxable as business income not house property-ITAT INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT ITA No:…

8 years ago