Fair Rent, Actual Rent Received and Standard rent – ITAT referred back to AO to verify additional evidence

DCIT Vs  Cricket Club of India Ltd (ITAT Mumbai) The ld AR has submitted that the actual rent received by the assessee is not more than the standard rent of the property in question as per Maharashtra Rent Control Act 1999. He has filed the paper book containing 32 pages and submitted that the documents at Sl nos. 3 to 8 of the paper book were not before the lower authorities. The assessee has accordingly filed an application for admission of the additional evidence under Rule 29 of the ITAT Rules 1963. All these documents are pertaining to the computation of the income from house property i...