Section 23 – Annual value of property of the assessee which property had remained let out for 36 months and thereafter could not be let out and had remained vacant during whole of the year under consideration, but had never remained under self-occupation of the assessee, has to be rightly computed at `nil’ by taking recourse to section 23(1)(c) of the Act

8.  [2018] 97 taxmann.com 534 (Mumbai-Trib.)

Sonu Realtors (P.) Ltd. vs. DCIT

ITA No.: 2892/Mum/2016 & 66(MUM) OF 2017

A. Y.: 2011-12 and 2012-13.

Dated: 19^th September, 2018.

Section 23 – Annual value of property of the assessee which property had remained let out for 36 months and thereafter could not be let out and had remained vacant during whole of the year under consideration, but had never remained under self-occupation of the assessee, has to be rightly computed at `nil’ by taking recourse to section 23(1)(c) of the Act 

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