1992 PTD 161 INCOME-TAX-APPELLATE-TRIBUNAL-PAKISTAN

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I.TA. NO. 279/LB OF 1989-90, DECIDED ON 7TH NOVEMBER, 1990 VS I.TA. NO. 279/LB OF 1989-90, DECIDED ON 7TH NOVEMBER, 1990 Income Tax Ordinance 1979--19 , ----S.19---Income from property---Annual value---Determination of---Phrase "property might reasonably be expected to let from year to year"--Connotation---Annual rental value has to be fixed keeping in view the reasonable expectation of a property to be let out from year to year--Distinction to be maintained between vacant property and property rented out to tenant in view of restrictive laws against eviction of tenant and enhancement of rent.