https://www.taxtmi.com/caselaws?id=27141 The High Court upheld the Tribunal's decision in a case concerning the assessment of annual letting value for a building. The Court determined the reasonable letting value at Rs. 21,500 annually, favoring the assessee. However, the Court ruled against the assessee's claim for relief under the second proviso to section 23(1) of the Income Tax Act, holding that individual rooms in the building did not qualify as separate residential units. The judgment favored the revenue authorities on both issues, denying the assessee's claims. en-us Thu, 20 Jan 1983 00:00:00 +0530 Thu, 11 Feb 2010 10:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27141 The High Court upheld the Tribunal's decision in a case concerning the assessment of annual letting value for a building. The Court determined the reasonable letting value at Rs. 21,500 annually, favoring the assessee. However, the Court ruled against the assessee's claim for relief under the second proviso to section 23(1) of the Income Tax Act, holding that individual rooms in the building did not qualify as separate residential units. The judgment favored the revenue authorities on both issues, denying the assessee's claims. Case-Laws Income Tax Thu, 20 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27141