https://www.taxtmi.com/caselaws?id=64011 The Tribunal allowed the appeals, determining that rent expenses for premises in New Delhi were deductible under Section 37(1) of the Income-tax Act for the assessment years 1989-90, 1990-91, and 1991-92. The disallowance of rent expenses by the Assessing Officer was upheld by the CIT(A) due to non-use for business purposes. However, the Tribunal held that even if not allowable under Section 30, the rent was deductible under Section 37(1) based on general principles, citing relevant case law. en-us Fri, 31 Dec 1999 00:00:00 +0530 Thu, 03 Feb 2011 11:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64011 The Tribunal allowed the appeals, determining that rent expenses for premises in New Delhi were deductible under Section 37(1) of the Income-tax Act for the assessment years 1989-90, 1990-91, and 1991-92. The disallowance of rent expenses by the Assessing Officer was upheld by the CIT(A) due to non-use for business purposes. However, the Tribunal held that even if not allowable under Section 30, the rent was deductible under Section 37(1) based on general principles, citing relevant case law. Case-Laws Income Tax Fri, 31 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64011