1989 (2) TMI 96

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..... ins to the setting off of the loss relating to house property against income from other sources. The question of law referred for the opinion of this court, in this behalf, being "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in allowing the set off of loss of Rs. 11,839 relating to house property claimed in the assessment year 1974-75 ?" The .....

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..... for the limited purpose of computing the annual value of residential unit but not for other purposes. On a plain reading of the relevant statutory provisions, therefore, the question referred has clearly to be answered in the affirmative, in favour of the assessee and against the Revenue. This reference is disposed of accordingly. There will, however, be no order as to costs.
Case laws, Deci .....

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