Friday, July 27, 2018

Municipal Ratable Value applicable If House is Self-Occupied by Assessee and has Actual Rental Income: ITAT

The Jodhpur bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the house which is not having any actual rental income but self-occupied by the assessee, then deemed rent should be determined as per the municipal ratable value. In the instant case, the Assessing Officer noticed that the assessee has purchased […]

The post Municipal Ratable Value applicable If House is Self-Occupied by Assessee and has Actual Rental Income: ITAT appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2mQ1JKi

No comments:

Post a Comment