Allowing the appeal of the assessee the Tribunal held that annual letting value of house property is to be determined on the basis of Municipal rateable value. (ITA No. 6716/Mum/2018 dt. 18-1-2021). (AY. 2015-16)
Anand J. Jain v. DCIT (2021) BCAJ-May-P. 50 (Mum.)(Trib.)
S. 23 : Income from house property-Annual value-Annual letting value of house property is to be determined on the basis of Municipal rateable value. [S. 22]