The Tribunal held that the matter required a remand to the Assessing Officer since the documents filed by the assessee including the returns for the assessment years 2005-06 and 2006-07 disclosing the rental income from the property in question, had not been verified. (AY. 2009-10).
Mohd. Shakeel Quadri and v. ITO (2022)97 ITR 52 (SN)(Hyd)(Trib) Mohd. Layeeq v. ITO (2022) 97 ITR 52 (SN)(Hyd)(Trib)
S. 54 : Capital gains-Profit on sale of property used for residence-Possession more than three years-Documents showing rental income not verified by department-Matter remanded [S. 45]