https://www.taxtmi.com/caselaws?id=14228 Loss computed under the head "Income from house property" may be adjusted against income under other heads where the deductions under section 24 exceed the annual value determined under section 23, because section 71 permits inter-head set-off of such loss. The text states that section 23 must be read with section 24, and that the 1984 amendment removing the confusing portion of section 23 supports this interpretation. On that construction, the house property loss was correctly allowed to be set off against income from other heads, and the issue was answered in favour of the assessee. en-us Wed, 04 Jul 2001 00:00:00 +0530 Tue, 14 Jul 2009 15:48:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14228 Loss computed under the head "Income from house property" may be adjusted against income under other heads where the deductions under section 24 exceed the annual value determined under section 23, because section 71 permits inter-head set-off of such loss. The text states that section 23 must be read with section 24, and that the 1984 amendment removing the confusing portion of section 23 supports this interpretation. On that construction, the house property loss was correctly allowed to be set off against income from other heads, and the issue was answered in favour of the assessee. Case-Laws Income Tax Wed, 04 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14228