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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

House property income - Reduction of Charges on account of ...


Court Allows Deductions for Society Maintenance and Taxes from Gross Rent, Subject to Lessee Obligation Verification.

February 24, 2016

Case Laws     Income Tax     AT

House property income - Reduction of Charges on account of society maintenance charges and Municipal Corporation taxes from the gross rental received - Reduction allowed subject to verification of the claim that such payment stated to be obligation of the lessee and stated to be duly included in the gross rent received by the assessee before allowing the claim of the assessee - AT

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