{"id":12788,"date":"2020-10-09T12:08:57","date_gmt":"2020-10-09T12:08:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/empire-capital-p-ltd-v-acit-2020-181-itd-173-mum-trib\/"},"modified":"2020-10-09T12:08:57","modified_gmt":"2020-10-09T12:08:57","slug":"empire-capital-p-ltd-v-acit-2020-181-itd-173-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/empire-capital-p-ltd-v-acit-2020-181-itd-173-mum-trib\/","title":{"rendered":"Empire Capital (P.) Ltd. v. ACIT (2020) 181 ITD 173 (Mum) (Trib.)"},"content":{"rendered":"<p>Assessee, engaged in business of trading in shares and commodities, owned a property . The said\u00a0 property remained vacant throughout relevant year due to obstruction caused by ongoing Metro Project just before entrance of premises . Tribunal held that addition on account of notional rent\u00a0 is held to be not justified Followed . Sachin R. Tandulkar\u00a0v.\u00a0Dy. CIT ( 2018) 172 ITD 266 (Mum) (Trib)(AY. 2014 -15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 23 : Income from house property &#8211; Annual value -Remained vacant throughout relevant year -No addition can be made on account of notional rent . [ S.22 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-12788","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3kg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12788"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12788\/revisions"}],"predecessor-version":[{"id":12789,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12788\/revisions\/12789"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}