Addition on account of notional rent in respect of vacant ...

Section 23(1)(c): Vacant property rental income deemed 'nil' if unoccupied all year and available for rent.

November 21, 2019

Case Laws Income Tax AT

Addition on account of notional rent in respect of vacant property of the assessee - the property was available for rent but was lying vacant for the entire year - after applying provisions of section 23(1)(c) it is to be accepted that rental income from the vacant property is ‘nil’.

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Addition on account of notional rent in respect of vacant ...

Section 23(1)(c): Vacant property rental income deemed 'nil' if unoccupied all year and available for rent.

November 21, 2019

Case Laws Income Tax AT

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