https://www.taxtmi.com/caselaws?id=66042 The appellate authority allowed the appeal, permitting the deduction of municipal taxes in computing the income from self-acquired property. This decision was based on the interpretation of relevant provisions of the Income-tax Act and the Supreme Court ruling that an assessee can deduct municipal taxes paid while computing property income. The authority considered conflicting High Court decisions and determined that municipal taxes should be deducted in determining the annual letting value of self-occupied property, rejecting an alternative argument for deduction under a different section. en-us Tue, 21 Mar 1989 00:00:00 +0530 Mon, 21 Feb 2011 10:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66042 The appellate authority allowed the appeal, permitting the deduction of municipal taxes in computing the income from self-acquired property. This decision was based on the interpretation of relevant provisions of the Income-tax Act and the Supreme Court ruling that an assessee can deduct municipal taxes paid while computing property income. The authority considered conflicting High Court decisions and determined that municipal taxes should be deducted in determining the annual letting value of self-occupied property, rejecting an alternative argument for deduction under a different section. Case-Laws Income Tax Tue, 21 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66042