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[Cites 0, Cited by 423] [Section 23] [Entire Act]

Union of India - Subsection

Section 23(4) in The Income Tax Act, 1961

(4)Where the property referred to in sub-section (2) consists of more than one house-
(a)the provisions of that sub-section shall apply only in respect of one of such houses, which the assessee may, at his option, specify in this behalf;
(b)the annual value of the house or houses, other than the house in respect of which the assessee has exercised an option under clause (a), shall be determined under sub-section (1) as if such house or houses had been let.]