High Court Rules Income Tax Tribunal Must Follow Section 23(1)(a) for Property Income Calculation, Not Actual Rent.

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....Income from house property - Annual rent - Whether the Income Tax Appellate Tribunal was correct in law in directing the Assessing Officer to determine the property income on the basis of actual rent received by the assessee and in ignoring the provisions of law as contained in Section 23 (1) (a) of the Income Tax Act, 1961? - Held No..... - HC....