https://www.taxtmi.com/caselaws?id=243863 Income from house property is computed under sections 22 to 24, and the statutory standard deduction under section 24 excludes any further deduction for building maintenance expenses absent express enabling provision; the separate maintenance claim was therefore not allowable. A transfer to Investment Depreciation Reserve for an irrecoverable investment with a cooperative bank was also not deductible in the assessment year under appeal, because the RBI direction relied on did not support the claim for that year and manner. The additions sustained by the first appellate authority were upheld, and the assessee's appeal failed. en-us Wed, 07 Aug 2013 00:00:00 +0530 Wed, 12 Feb 2014 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243863 Income from house property is computed under sections 22 to 24, and the statutory standard deduction under section 24 excludes any further deduction for building maintenance expenses absent express enabling provision; the separate maintenance claim was therefore not allowable. A transfer to Investment Depreciation Reserve for an irrecoverable investment with a cooperative bank was also not deductible in the assessment year under appeal, because the RBI direction relied on did not support the claim for that year and manner. The additions sustained by the first appellate authority were upheld, and the assessee's appeal failed. Case-Laws Income Tax Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243863