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2023 (1) TMI 37 - AT - Income TaxRent receipts - Income from house property OR Income from Business and Profession - rule of consistency - AR contended that the Assessee since several years has let out the property involved in this case to various tenants who are paying rent to the Assessee, which the Assessee has been offering under the head “income from house property” - HELD THAT:- Fact of the instant year under consideration are exactly similar to the preceding 07 years and there is no change at all. Therefore, in view of the dictum laid down by the Hon’ble Apex Court in the case of Radhasoami Satsang [1991 (11) TMI 2 - SUPREME COURT] qua rule of consistency, we are inclined to delete the addition under challenge. We may clarify that in case of change in facts and circumstances, this order shall not be taken as precedence - Assessee’s appeal stands allowed.
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