Mumbai Rent Control Act Limits Annual Property Valuation per Income Tax Act Section 23(1)(a) to Standard Rent Levels.

Mumbai Rent Control Act Limits Annual Property Valuation per Income Tax Act Section 23(1)(a) to Standard Rent Levels. https://www.taxtmi.com/highlights?id=4654 Addition on account of annual letting value of the house property - the Rent Control Act is applicable in Mumbai thus the annual valuation u/s 23(1)(a) cannot exceed the standard rent under the Rent Control act. - AT en-us Thu, 02 Aug 2012 20:13:41 +0530 Thu, 02 Aug 2012 20:13:41 +0530 TaxTMI RSS Generator Mumbai Rent Control Act Limits Annual Property Valuation per Income Tax Act Section 23(1)(a) to Standard Rent Levels. https://www.taxtmi.com/highlights?id=4654 Addition on account of annual letting value of the house property - the Rent Control Act is applicable in Mumbai thus the annual valuation u/s 23(1)(a) cannot exceed the standard rent under the Rent Control act. - AT Highlights Income Tax Thu, 02 Aug 2012 20:13:41 +0530 https://www.taxtmi.com/highlights?id=4654