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2018 (9) TMI 465 - AT - Income TaxEstimation of the annual value of the property - Addition under the head income from house property - assessment of rent - Held that:- The actual rent is not above the rent of municipal valuation. There is no reason to deny the rent assessed by assessee. The Hon’ble ITAT [2018 (8) TMI 1620 - ITAT MUMBAI] has decided the matter of controversy on the basis of the decision of CIT Vs. Tip Top Typography, [2014 (8) TMI 356 - BOMBAY HIGH COURT]. No distinguishable material has been produced. Since the present case is squarely covered by the decision of the ITAT in the assessee’s own case mentioned above. Therefore, by honoring the said decision, we set aside the finding of the CIT(A) on this issue and restored the matter back to the file of the AO who shall re-compute the income assessable under the head income from house property in terms of the direction of the above said case.
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