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TMI Blog1984 (4) TMI 89X X X X Extracts X X X X X X X X Extracts X X X X ..... under appeal for the Sewri Property, disallowance of interest of Rs. 2,798 and Rs. 2,104 in respect of the same property and non-allowance of certain expenses in respect of the Poona Property. The other grounds of appeal are not pressed. 2. In respect of the Sewri Property, the assessee claimed collection charges of Rs. 11,449 and Rs. 11,150 for the assessment years under appeal. The ITO had a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted between the property income and the business income, the former being restricted to 6% on the basis of collection charges and the balance allowed for business. The position continues and there was no change. According to the ld. counsel, when the Department has accepted the liability to allow the deductions for all years, there was nothing new which should prevent it to make the allowance for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ayment is made to the Manager of the Trust having properties and business is not disputed. In the past an allocation has been made between the property and business income. The extent of activity performed by the Manager for the business and for the property may not perhaps be very accurately computed but it cannot be denied that between the two the overall payment made to the employee is an allow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rate has only been postponed for payment. The claim of interest should therefore, be allowed, in this case. 5. The assessee claimed two amount of Rs. 180 and Rs. 204, the former representing collection charges and the latter Municipal taxes, etc., payable to the municipality. The AAC disallowed the same. 6. After hearing the parties, we find that the question of collection charges is of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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