The assessee claimed that no annual value could be assessed because the property remained vacant throughout the year despite efforts to find a tenant. The Tribunal held that where a property is capable of being let out, and there is no legal or physical impediment preventing letting, its annual value has to be determined under section 23(1)(a). Mere inability to secure a tenant throughout the year does not preclude assessment of notional rental income. (AY. 2018-19).