Allowing the appeal of the assessee the Tribunal held that, due to fall in property prices failed to let out same year after year because of which property remained vacant. Entitle to vacancy allowance. (AY. 2012-13)
Priyananki Singh Sood (Ms.) v. ACIT (2019) 174 ITD 371 / 176 DTR 97/ 198 TTJ 507 (Delhi) (Trib.)
S. 23 : Income from house property – Annual value – Vacancy allowance -Due to fall in property prices failed to let out same year after year because of which property remained vacant-Entitle to vacancy allowance. [S. 22, 23(1)(c)]