https://www.taxtmi.com/caselaws?id=306503 The Tribunal partly allowed the revenue's appeal for statistical purposes. It directed the AO to compute the Annual Lettable Value (ALV) based on the Municipal ratable value and provided guidelines for excluding certain units from notional rent computation. The restriction of disallowance under section 14A to the extent of exempt income was upheld, and the related disallowance under section 115JB was dismissed. en-us Tue, 11 Oct 2022 00:00:00 +0530 Fri, 03 Feb 2023 21:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306503 The Tribunal partly allowed the revenue's appeal for statistical purposes. It directed the AO to compute the Annual Lettable Value (ALV) based on the Municipal ratable value and provided guidelines for excluding certain units from notional rent computation. The restriction of disallowance under section 14A to the extent of exempt income was upheld, and the related disallowance under section 115JB was dismissed. Case-Laws Income Tax Tue, 11 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306503