https://www.taxtmi.com/caselaws?id=24306 Section 23(2) and its Explanation were construed to mean that the second proviso to section 23(1) does not apply when computing the annual value of a self-occupied residential unit. On that reading, the statutory treatment of self-occupied house property is not diluted by the proviso, and loss from such house property may be set off against income from other sources. The effect of the Explanation is to exclude the proviso's operation for this purpose, so the set-off remains available in favour of the assessee. en-us Thu, 23 Feb 1989 00:00:00 +0530 Tue, 19 Jan 2010 11:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24306 Section 23(2) and its Explanation were construed to mean that the second proviso to section 23(1) does not apply when computing the annual value of a self-occupied residential unit. On that reading, the statutory treatment of self-occupied house property is not diluted by the proviso, and loss from such house property may be set off against income from other sources. The effect of the Explanation is to exclude the proviso's operation for this purpose, so the set-off remains available in favour of the assessee. Case-Laws Income Tax Thu, 23 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24306