THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(1),, AHMEDABAD vs. SHANTI EXPORTS PVT. LTD.,, AHMEDABAD
In the result, appeal is partly allowed
ITA 884/AHD/2019[2016-17]Status: DisposedITAT Ahmedabad22 Jun 2022AY 2016-17
Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./Ita No.884/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2016-2017 D.C.I.T., Shanti Exports Pvt. Ltd., Circle-4,(1)(1), Vs. 2Nd Floor, Ahmedabad. Chiripal House, Satellite Road, Ahmedabad.
For Appellant: Shri Deelip Kumar, Sr. D.RFor Respondent: Shri Sudhir Mehta, A.R
house property.
iii) Fair rent of f/ie property:- Fair rent is the rent which a similar property can fetch in the same or similar locality if it is let out for a year. The DVO can also find out such value.
iv) Standard Rent:- The standard rent is fixed under the Rent Control Act. If the standard rent has been