https://www.taxtmi.com/caselaws?id=10472 The Tribunal determined the annual letting value of the property at Rs. 1,20,000, which was contested by the Revenue. The case revolved around interpreting agreements and court orders to establish the property's actual annual value. The judgment extensively analyzed relevant sections of the Income-tax Act, emphasizing the correct application of legal principles in assessing annual value. Consideration of past court orders, particularly regarding monthly deposits, influenced the final assessment. The decision underscored the necessity of meticulous legal analysis to ensure a just evaluation of the property's annual letting value in compliance with tax laws. en-us Wed, 08 Sep 2004 00:00:00 +0530 Thu, 16 Jul 2009 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10472 The Tribunal determined the annual letting value of the property at Rs. 1,20,000, which was contested by the Revenue. The case revolved around interpreting agreements and court orders to establish the property's actual annual value. The judgment extensively analyzed relevant sections of the Income-tax Act, emphasizing the correct application of legal principles in assessing annual value. Consideration of past court orders, particularly regarding monthly deposits, influenced the final assessment. The decision underscored the necessity of meticulous legal analysis to ensure a just evaluation of the property's annual letting value in compliance with tax laws. Case-Laws Income Tax Wed, 08 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10472