https://www.taxtmi.com/caselaws?id=461003 ITAT Pune dismissed appellant's challenge to income computation under house property provisions. The tribunal held that for vacant, unlet property, income calculation follows Section 23(1)(a) rather than Section 23(1)(c), following HC precedents. However, the tribunal remanded the Annual Lettable Value determination to AO for verification of Rent Control Act applicability. If property falls under Rent Control Act, ALV must follow HC guidelines; otherwise, Municipal Valuation applies. Ground 1 dismissed, Ground 2 allowed for statistical purposes. en-us Tue, 07 Jun 2022 00:00:00 +0530 Thu, 06 Mar 2025 18:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461003 ITAT Pune dismissed appellant's challenge to income computation under house property provisions. The tribunal held that for vacant, unlet property, income calculation follows Section 23(1)(a) rather than Section 23(1)(c), following HC precedents. However, the tribunal remanded the Annual Lettable Value determination to AO for verification of Rent Control Act applicability. If property falls under Rent Control Act, ALV must follow HC guidelines; otherwise, Municipal Valuation applies. Ground 1 dismissed, Ground 2 allowed for statistical purposes. Case-Laws Income Tax Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461003