https://www.taxtmi.com/caselaws?id=405593 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to determine the Annual Letting Value (ALV) of the property as per the municipal rateable value. If the ALV declared by the assessee aligns with this value, it should be accepted. Consequently, the revenue's appeal was dismissed as the Tribunal upheld the determination of the ALV based on the municipal rateable value. en-us Wed, 03 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405593 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to determine the Annual Letting Value (ALV) of the property as per the municipal rateable value. If the ALV declared by the assessee aligns with this value, it should be accepted. Consequently, the revenue's appeal was dismissed as the Tribunal upheld the determination of the ALV based on the municipal rateable value. Case-Laws Income Tax Wed, 03 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405593