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![Relief to Priya Gurnani, Moraj Group Director: ITAT allows Standard Deduction u/s 24(a) of Income Tax Act on Annual Value of Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/site-img-9.jpg "Relief to Priya Gurnani, Moraj Group Director: ITAT allows Standard Deduction u/s 24(a) of Income Tax Act on Annual Value of Property [Read Order]")
Relief to Priya Gurnani, Moraj Group Director: ITAT allows Standard Deduction u/s 24(a) of Income Tax Act on Annual Value of Property [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that 30% standard deduction is allowable on annual let out value of house property...
![Value of Property assessed by SVA on date of Agreement to Sale shall be taken for computing full value of consideration for Transfer u/s 50C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Value-Property-assessed-SVA-Agreement-computing-full-value-consideration-ITAT-taxscan.jpg "Value of Property assessed by SVA on date of Agreement to Sale shall be taken for computing full value of consideration for Transfer u/s 50C: ITAT [Read Order]")
![Service Tax Paid and Refund of One Month Rent has to be Deducted while Computing Annual Letting Value of Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Service-Tax-Property-Value-Taxscan.jpg "Service Tax Paid and Refund of One Month Rent has to be Deducted while Computing Annual Letting Value of Property: ITAT [Read Order]")