https://www.taxtmi.com/caselaws?id=791519 Section 23(1)(c) permits nil annual letting value where a property let out in an earlier year remains vacant in the relevant year and no actual rent is received or receivable because of that vacancy. The Tribunal accepted that vacancy allowance can apply if the factual foundation is proved, but noted that the record did not clearly establish whether rental income from the property had been offered in the immediately preceding year. The matter was therefore remitted to the Assessing Officer for verification of the relevant facts and a fresh order. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 13 May 2026 08:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791519 Section 23(1)(c) permits nil annual letting value where a property let out in an earlier year remains vacant in the relevant year and no actual rent is received or receivable because of that vacancy. The Tribunal accepted that vacancy allowance can apply if the factual foundation is proved, but noted that the record did not clearly establish whether rental income from the property had been offered in the immediately preceding year. The matter was therefore remitted to the Assessing Officer for verification of the relevant facts and a fresh order. Case-Laws Income Tax Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791519