1995 (4) TMI 42 - HC - Income Tax

Annual Letting Value, Annual Value, Bona Fide, Capital Gains, Capital Loss, Finding Of Fact, Income Tax Act, Loss On Sale, Question Of Law

Summary

The High Court of Delhi directed the Income-tax Appellate Tribunal to refer a reframed question of law regarding the calculation of annual letting value of a property to the court for its opinion. The court declined to refer questions 2 and 3 raised by the Revenue, stating they were not appropriate for referral. (Case Citation: 1995 (4) TMI 42 - DELHI High Court)