ITA No.2941/Chny/2018

Parties Involved

Facts Summary

The assessee, Smt. M. Girija Devi, was assessed for the Assessment Year 2006-07 by the Income Tax Officer, Business Ward XIII (2), Chennai. The assessee filed her return of income admitting a Gross Total income of Rs.1,21,834/- comprising of Income from House Property at NIL, and Income from other sources at Rs.1,21,834/-. The assessment was completed under section 143(3) of the Income Tax Act, 1961 on 05.03.2014, with an addition of Rs.7,80,000/- under the head of Income from House Property by adopting an arbitrary sum as rental income of the 3 house properties of the assessee. The assessee had utilized one out of her three properties for self-occupation, and the annual value was therefore, correctly considered as NIL for the relevant AY 2006-07. The Assessing Officer has not brought any fact on record to controvert the appellant. The arbitrary addition of Rs 1,20,000/- has no basis.…

Legal Issues

• 1. Whether the arbitrary addition of Rs.7,80,000/- under the head of Income from House Property by the Assessing Officer was justified?

Judgment Outcome

Decided in favour of Partly Assessee / Partly Revenue.

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