Addition of Rental Income under “Income from Other Sources” Invalid as already declared under “Income from House Property”: ITAT Strikes Down Double Taxation [Read Order]

Invalid as already declared under - Income from House Property - ITAT Strikes Down Double Taxation - - TAXSCAN

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench has invalidated the addition of rental income under the head “Income from Other Sources” wherein the assessee has already offered the same to tax under the head “Income from House Property.” The decision effectively strikes down the case of double taxation of the same income imposed on…

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