https://www.taxtmi.com/caselaws?id=63279 Where house property is subject to rent control legislation, annual letting value under section 23(1) must be based on the sum for which the property might reasonably be expected to let, and not on an ad hoc market estimate or merely disputed actual rent. The proper benchmark is the standard rent determinable under the Delhi Rent Control Act. The matter was restored to the Assessing Officer to determine that standard rent and recompute the annual letting value accordingly. en-us Wed, 21 Jan 2004 00:00:00 +0530 Fri, 28 Jan 2011 18:32:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63279 Where house property is subject to rent control legislation, annual letting value under section 23(1) must be based on the sum for which the property might reasonably be expected to let, and not on an ad hoc market estimate or merely disputed actual rent. The proper benchmark is the standard rent determinable under the Delhi Rent Control Act. The matter was restored to the Assessing Officer to determine that standard rent and recompute the annual letting value accordingly. Case-Laws Income Tax Wed, 21 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63279