RAVI KUMAR AGARWAL, HUF,AGRA vs. I.T.O.-2(4), AGRA

In the result, the appeal is partly allowed

Bench: Shri A. D. Jain

forward depreciation. 5. Because without prejudice to the grounds as taken above the statutory deduction should have been allowed from the income from parking space.” 2. Vide order dated 28.12.2010, the Assessing Officer assessed the rent of portion of cinema building as income from house property and rent received for parking area as income from other sources. The Assessing Officer

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed