Rent Payment Not Deductible Against Subletting Income for Assessee, Says Court Decision.

Rent Payment Not Deductible Against Subletting Income for Assessee, Says Court Decision. https://www.taxtmi.com/highlights?id=1987 Payment of rent and claim of deduction against rent received - rent paid by the assessee can by no stretch of imagination be considered as expenditure incurred for earning the rent from subletting income..... - AT en-us Tue, 01 Nov 2011 00:00:00 +0530 Tue, 01 Nov 2011 00:00:00 +0530 TaxTMI RSS Generator Rent Payment Not Deductible Against Subletting Income for Assessee, Says Court Decision. https://www.taxtmi.com/highlights?id=1987 Payment of rent and claim of deduction against rent received - rent paid by the assessee can by no stretch of imagination be considered as expenditure incurred for earning the rent from subletting income..... - AT Highlights Income Tax Tue, 01 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/highlights?id=1987