https://www.taxtmi.com/caselaws?id=189011 The Tribunal partly allowed the appeal, determining the annual letting value based on municipal ratable value and upholding the allocation of interest expenses towards dividend income. The annual letting value was capped at the municipal ratable value for tax computation purposes, and interest expenses were prorated towards earning dividend income, allowing exemption only on the net dividend amount. en-us Wed, 09 May 2012 00:00:00 +0530 Fri, 23 Dec 2016 17:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189011 The Tribunal partly allowed the appeal, determining the annual letting value based on municipal ratable value and upholding the allocation of interest expenses towards dividend income. The annual letting value was capped at the municipal ratable value for tax computation purposes, and interest expenses were prorated towards earning dividend income, allowing exemption only on the net dividend amount. Case-Laws Income Tax Wed, 09 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189011