{"id":34204,"date":"2023-04-22T22:19:41","date_gmt":"2023-04-22T16:49:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/asfa-technologies-bpo-p-ltd-v-ito-2022-197-itd-323-chennaitrib\/"},"modified":"2023-04-22T22:19:41","modified_gmt":"2023-04-22T16:49:41","slug":"asfa-technologies-bpo-p-ltd-v-ito-2022-197-itd-323-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/asfa-technologies-bpo-p-ltd-v-ito-2022-197-itd-323-chennaitrib\/","title":{"rendered":"Asfa Technologies &#038; BPO (P.) Ltd. v. ITO (2022) 197 ITD 323 (Chennai)(Trib.)"},"content":{"rendered":"<p>Assessee has let out the property\u00a0 from assessment years 2008-09 to 2011-12, however, same was vacant due to non-availability of tenants. The AO\u00a0 computed the annual value of property under\u00a0 section 23(1)(a)\u00a0 of the Act. Held that\u00a0 if property is let out for two or more years and was vacant for whole or any part of previous year, then said property\u00a0 provision of\u00a0 section 23(1)(c)\u00a0\u00a0 would be applicable. AO was directed to delete the addition.\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 23 : Income from house property-Annual value-Vacancy allowance-Property  vacant for whole or any part of previous year-Vacancy allowance is allowable. [S. 22, 23(1)(c)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34204","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8TG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=34204"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34204\/revisions"}],"predecessor-version":[{"id":34205,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34204\/revisions\/34205"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}