https://www.taxtmi.com/caselaws?id=209780 The Court dismissed the appeal, ruling in favor of the Revenue, holding that the remuneration payable to Shebaits should not be treated as an annual charge on the property under section 24(1)(iv) of the Income-tax Act, 1961. The Court found no merit in the appellant's argument and denied the deduction claimed, ultimately dismissing the appeal with no order as to costs. en-us Thu, 31 Mar 2011 00:00:00 +0530 Fri, 12 Jul 2013 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209780 The Court dismissed the appeal, ruling in favor of the Revenue, holding that the remuneration payable to Shebaits should not be treated as an annual charge on the property under section 24(1)(iv) of the Income-tax Act, 1961. The Court found no merit in the appellant's argument and denied the deduction claimed, ultimately dismissing the appeal with no order as to costs. Case-Laws Income Tax Thu, 31 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209780