TMI Blog2014 (10) TMI 952X X X X Extracts X X X X X X X X Extracts X X X X ..... our judgment, then, alone a departure can be made. The Tribunal has held that there were no circumstances or factors brought on record which would enable the Assessing Officer to determine the Annual Letting Value by disregarding the municipal valuation. He could not have assumed any other value at which the property would be let from year to year. In such circumstances and his assumption being co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t in the case of Commissioner of Income Tax V/s. J. K. Investors (Bombay) Ltd. reported in (2001) 248 ITR 723, Commissioner of Income Tax12 V/s. Tip Top Typography in Income Tax Appeal No.1213 of 2011 and a Full judgment of the Delhi High Court in the case of Commissioner of Income Tax V/s. Mani Kumar Subba reported in (2011) 333 ITR 838. 4] After referring to both judgments, a Division Bench o ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
