Amendment of section 23

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..... hall,- (a) in the case of a building comprising one or more residential units, the erection of which is begun after the 1st day of April, 1961 and completed before the 1st day of April, 1970 for a period of three years from the date of completion of the building, be reduced by a sum equal to the aggregate of- (i) in respect of any residential unit whose annual value as so determined does not e .....

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..... housand two hundred rupees, so, however, that the income in respect of any residential unit referred to in clause (a) or clause (b) is in no case a loss."; (b) for sub-section (2), the following sub-section shall be substituted, namely:- "(2) Where the property consists of one or more houses and such house or houses is or are in the occupation of the owner for the purposes of his own residen .....

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..... l unit as is referred to in the second proviso to sub-section (1) is in the occupation of the owner for the purposes of his own residence, nothing contained in that proviso shall apply in computing the annual value of that residential unit. Explanation 2.-Where any such property as is referred to in this sub-section consists of more than two houses, the annual value of the houses other than thos .....

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