No ALV Chargeable for Properties Used for Profession and Depreciation Allowable on Composite Property Purchase
No ALV Chargeable for Properties Used for Profession and Depreciation Allowable on Composite Property Purchase Issue Whether annual letting value (ALV) can be computed under Section 22 for house properties utilized by a professional (along with juniors, staff, and clients) for professional activities, and whether Section 263 revision is valid when the Assessing Officer accepted… Read More »