Computing the Annual Letting Value - income from house property ...
Property's Annual Value Set as Nil Due to Vacancy, Complies with Income Tax Act Section 23(1)(c.
September 28, 2018
Case Laws Income Tax AT
Computing the Annual Letting Value - income from house property - Property remained vacant - Assessee in the present case had rightly determined the ‘annual value’ of the property at Nil by taking recourse to Sec. 23(1)(c) of the ‘Act’.
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