https://www.taxtmi.com/caselaws?id=63389 The tribunal partially allowed the department's appeal, affirming the assessee's entitlement to a reduced annual charge based on the maintenance agreement's terms and legal obligations towards the wife and son under the Income-tax Act. The maintenance amount claimed was deemed an enforceable obligation and qualified as an annual charge under section 24(1)(iv), leading to an adjustment of the annual charge to Rs. 1,200 instead of Rs. 4,500 for the assessment year in question. en-us Mon, 01 Sep 1986 00:00:00 +0530 Sat, 29 Jan 2011 17:06:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63389 The tribunal partially allowed the department's appeal, affirming the assessee's entitlement to a reduced annual charge based on the maintenance agreement's terms and legal obligations towards the wife and son under the Income-tax Act. The maintenance amount claimed was deemed an enforceable obligation and qualified as an annual charge under section 24(1)(iv), leading to an adjustment of the annual charge to Rs. 1,200 instead of Rs. 4,500 for the assessment year in question. Case-Laws Income Tax Mon, 01 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63389