In the result, all the appeals of the revenue, cross objections of the assessee are dismissed and appeals filed by the assessee are allowed
Bench: Shrisandeepgosain & Shriarunkhodpia
7,91,805/- received by the appellant from commercial property in Prestige Obelisk, Bangalore estimated the monthly rent of Flat at Rs 3 lacs per Month. First of all, the ALV of residential flat cannot be determined by comparing it with commercial property and 24 Smt. AanjuSaraf which is not in the same building or vicinity. Secondly the commercial property