https://www.taxtmi.com/caselaws?id=64401 The Appellate Tribunal reversed the Appellate Assistant Commissioner's decision and restored the Income Tax Officer's order, disallowing the deduction claimed by the assessee for irrecoverable rent. The judgment emphasized the need for the assessee to prove the rent as lost and irrecoverable, beyond merely initiating legal proceedings, in accordance with Rule 4 of the Income-tax Rules, 1962 and section 24(1)(x) of the Income-tax Act, 1961. en-us Wed, 17 Aug 1983 00:00:00 +0530 Mon, 07 Feb 2011 16:37:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64401 The Appellate Tribunal reversed the Appellate Assistant Commissioner's decision and restored the Income Tax Officer's order, disallowing the deduction claimed by the assessee for irrecoverable rent. The judgment emphasized the need for the assessee to prove the rent as lost and irrecoverable, beyond merely initiating legal proceedings, in accordance with Rule 4 of the Income-tax Rules, 1962 and section 24(1)(x) of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 17 Aug 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64401