Notional annual lettable value u/s 22 of the Income Tax Act, 1961

Last updated: 13 September 2021
Quick Summary
This Income Tax Appellate Tribunal case concerns the notional annual lettable value of a property under Section 22 of the Income Tax Act, 1961. The Revenue appealed an order that had remanded the issue back to the Assessing Officer, arguing it was a violation of statutory remit. The Tribunal considered the assessee's grounds but found the submitted documents insufficient to prove the house was uninhabitable. Evidence regarding the property's annual rental value and revised building plans was presented.

Court :
ITAT Chandigarh

Brief :
These Cross appeals filed by the Revenue and the Assessee assai l the correctness of the order dated 30.12.2019

Citation :
ITA NO. 247/CHD/2020

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

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