Case Law Details
Case Name : Jagat Singh Vs ACIT (ITAT Delhi)
Related Assessment Year : 2001-02,2005-06 to 2007-08
Courts :
All ITAT ITAT Delhi
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Jagat Singh Vs ACIT (ITAT Delhi)
Ld. AR submitted that assessee owned two properties, first property is a farm house situated at Dera Mandi, New Delhi and second property is Gobind Mension, Bharatpur. It is submitted that farm house situated at Dera Mandi, New Delhi is self occupied property, and second property at Bharatpur is in dilapidated condition, and not liavable as such. ALV of such property is NIL. The Ld. AR submitted Assessing Officer treated the Bharatpur property as self acquired property and computed the ALV of the Delhi property and brought to tax a sum of Rs. 7,44,055/-. Howeve...
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OFFHAND
RE. property taxed on ALV basis, is the repeated mention as ‘self-aquired’ an error- meant to say- ”self occupied’ ?
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