9911796707
TMI Blog1980 (4) TMI 163X X X X Extracts X X X X X X X X Extracts X X X X ..... Annual Letting Value of the property was shown at Rs. 1,000 p.m. The said flat consisted of two bed-rooms with attached toilets, one drawing-cum-dining hall, kitchen, and study room. The assessee is an individual. He was not living in Bombay but was living in Ajmer attending his business. The ALV of the property was only Rs. 1,000 p.m. The ITO did not accept the contention of the assessee. He est ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ombay. The assessee has filed certificate from the person concerned, a copy of which is in the paper book. Similarly, it was contended the Jolly Maker 1, Bombay certified that the rateable value of the flat in question for the period ending on 31st March, 1979 was Rs. 6,830. According to the ld. Counsel on the face of such material it was not correct on the part of the Department to estimate the A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . In our opinion, the finding of the AAC is not correct. In the immediately preceding assessment year the assessee disclosed Rs. 2,147. The same was accepted by the Deptt. He was unmarried and he was living at Ajmer. The household expenses of the family were Rs. 18,866. Looking to the aforesaid fact and the past history the household expenses shown by the assessee were quite reasonable. Accordingl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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