TMI BlogAssessee assigns "NIL" value to vacant shops u/s 23(1)(a) of Income Tax Act, complying with regulations.Determination of Annual Value u/s. 23(l)(a) - Assessee has rightly assigned “NIL” Annual Lettable Value of the impugned 16 shops which were ready to be let out during the year but remained vacant throughout the year - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|