1982 (3) TMI 34 - HC - Income Tax

Summary

The High Court of Madhya Pradesh held that the assessee was not entitled to exemption under section 23(3) of the Income-tax Act, 1961 for the assessment years 1969-70 to 1972-73. The Tribunal found that the assessee did not establish a nexus between residing in a house not belonging to him and his employment or business. Therefore, the exemption was denied.