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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Income from house property - it is for the assessee to establish ...

Case Laws     Income Tax

September 29, 2012

Income from house property - it is for the assessee to establish that the property was intended to be let and it remained vacant in the absence of it being occupied by a tenant. - no vacancy allowance - AT

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  9. Income from house property - one is self occupied property and second is vacant property - AO has applied ALV at 7% of book value of the property and computed deemed...

  10. Notional rental income vacant/leased properties - in case of the assessee where the property remained vacant then the ALV of such property will be Nil- AT

  11. Rental income from the property - income from other sources OR income from house property - By not recording construction expenses in books of account, the rights of...

  12. Estimation of income from house property - AO failed to appreciate such estimation of annual letable value as per provision of Section 23(1)(a) was called for only in...

  13. Computation of Income from House property - the property was let, but was vacant during the year, due to which vacancy, the actual rent received or receivable by the...

  14. Computing the Annual Letting Value - income from house property - Property remained vacant - Assessee in the present case had rightly determined the ‘annual value’ of...

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