https://www.taxtmi.com/acts?id=51552 Determination of annual value for income from house property is based on the higher of the reasonable expected rent and actual rent received or receivable. Vacancy allowance applies where vacancy reduces rent below expected let value, while local authority taxes actually paid are deducted. Unrealised rent is excluded subject to rules. Special nil valuation applies to specified self-occupied houses and to stock-in-trade property not let for a limited period after completion. en-us Wed, 13 Aug 2025 18:39:29 +0530 Sat, 04 Apr 2026 11:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51552 Determination of annual value for income from house property is based on the higher of the reasonable expected rent and actual rent received or receivable. Vacancy allowance applies where vacancy reduces rent below expected let value, while local authority taxes actually paid are deducted. Unrealised rent is excluded subject to rules. Special nil valuation applies to specified self-occupied houses and to stock-in-trade property not let for a limited period after completion. Act-Rules Income Tax Wed, 13 Aug 2025 18:39:29 +0530 https://www.taxtmi.com/acts?id=51552