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1. Income from house property - deduction (Vacancy allowance) - Notably the words used in section 23(1)(c) of the Act are “the property is let and was vacant during the...

2. Notional rental income vacant/leased properties - in case of the assessee where the property remained vacant then the ALV of such property will be Nil- AT

3. Income from house property - one is self occupied property and second is vacant property - AO has applied ALV at 7% of book value of the property and computed deemed...

4. Income from house property - deemed rental income of the property, which remained vacant during the year - assessee as confronted that house was very old and partly...

5. Income from House property - notional rent need not be considered for arriving at the ALV of the property if the property was intended to be let out, however, despite...

6. Chargeability of notional interest on deposits under Income from House Property - ALV determination - CIT(A) has rightly concluded that estimation of ALV on the basis of...

7. Income from House property - the assessee has occupied part of the house for his residential purposes during the year under consideration and, therefore, the ALV for the...

8. Rental income from the property - income from other sources OR income from house property - By not recording construction expenses in books of account, the rights of...

9. Income from house property - Annual Value - Estimated the “ALV” - it is evident that if the property is let out for the part period, the ALV is to be computed for the...

10. Computation of Income from House property - the property was let, but was vacant during the year, due to which vacancy, the actual rent received or receivable by the...

11. Nature of income - Assessing u/s 22 of the Act the ALV of the flats/shops held by it as stock-in-trade of its business as that of a developer under the head “House...

12. Income from house property - Determining the ALV of flats disclosed in the stock in trade as per the Accounting standards and policies being fallowed consistently by the...

13. Income from house property - Deemed rental income - vacant property - The word receivable refers to the payment not being realised. The use of word “receivable” in...

14. Income from leasing the hotel was income from business and not income from house property - AT

15. Rectification u/s 154 - Deduction claimed u/s. 80IAB - Wrong classification of income under the head ‘income from house property’, has resulted in wrong claim of...