https://www.taxtmi.com/caselaws?id=181611 The Income Tax Appellate Tribunal partially allowed the appeal by setting aside the addition of Rs. 73,241 related to the annual letting value (ALV) of a vacant property. The Tribunal relied on a precedent case to determine that since the rent received was nil, the ALV should also be nil. The other grounds raised by the appellant regarding the validity of notice issued under Section 148 and other additions were dismissed as not pressed. en-us Fri, 29 Apr 2011 00:00:00 +0530 Fri, 21 Apr 2023 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181611 The Income Tax Appellate Tribunal partially allowed the appeal by setting aside the addition of Rs. 73,241 related to the annual letting value (ALV) of a vacant property. The Tribunal relied on a precedent case to determine that since the rent received was nil, the ALV should also be nil. The other grounds raised by the appellant regarding the validity of notice issued under Section 148 and other additions were dismissed as not pressed. Case-Laws Income Tax Fri, 29 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181611