Tuesday, August 14, 2018

‘Sachin Tendulkar’ entitled to vacancy allowance as he failed to find tenant for vacant flat

IT : Where assessee, a renowned cricketer, could not find tenant for letting out a flat owned by him despite writing various letters to builder of said flat and as a result flat remained vacant throughout relevant year, he was justified in disclosing annual value of flat at nil after claiming vacancy allowance

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000183079/‘sachin-tendulkar’-entitled-to-vacancy-allowance-as-he-failed-to-find-tenant-for-vacant-flat.aspx

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