PRINCIPAL COMMNR. OF INCOME TAX, SAMBALPUR vs. BINAY KUMAR JINDAL, HUF

Accordingly, this appeal fails and is dismissed

Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN

23 Supreme Court in the case of India Automobiles, (Supra) in reiterating that the annual valuation of a tenanted premises would be assessed in terms of Section 174 (unamended) of the KMC Act on the basis of reasonably expected rent which would depend on the size, situation, locality, condition of the premises and the amenities provided therein. All such relevant

PRINCIPAL COMMISSIONER OF INCOME TAX-1,BHUBANESWAR vs. KUNTALA MOHAPATRA

Bench: DR. JUSTICE B.R.SARANGI,MR. JUSTICE GOURISHANKAR SATAPATHY