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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Income from House Property - In case the property is not let out ...


Vacancy Allowance Not Applicable for Non-Let Properties u/s 23(1)(c) of the Income Tax Act.

June 3, 2012

Case Laws     Income Tax     AT

Income from House Property - In case the property is not let out at all during the previous year, no vacancy allowance can be given u/s 23(1)(c). - AT

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