AO estimated the rent  based on the inspectors report which was based on the local enquiry conducted in the surrounding areas of the building situated. On appeal Tribunal  following the ratio in CIT v. Tip Top Typography ( 2014) 368 ITR 330 (Bom) (HC)  directed the AO to compute the deemed rent as per Municipal rateable  value    (ITA. No 4320/Mum/2016 “D” dt/ 11-05-2018)( AY. 2006 -07)

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