https://www.taxtmi.com/caselaws?id=262121 Service charges arising from a sub-licence and related service agreement were treated as part of rental income because no actual services were shown and the substance of the arrangement, not its label, determined the head of income; deduction under section 24(a) was therefore available. Litigation and professional fees incurred for business-related disputes were held allowable as business expenditure, there being no material to show personal or otherwise inadmissible outlay. Depreciation could not be disallowed merely on the basis of an earlier block assessment disallowance that had not survived in later appellate proceedings, absent fresh supporting material. The first appellate relief was maintained. en-us Fri, 29 May 2015 00:00:00 +0530 Mon, 03 Aug 2015 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262121 Service charges arising from a sub-licence and related service agreement were treated as part of rental income because no actual services were shown and the substance of the arrangement, not its label, determined the head of income; deduction under section 24(a) was therefore available. Litigation and professional fees incurred for business-related disputes were held allowable as business expenditure, there being no material to show personal or otherwise inadmissible outlay. Depreciation could not be disallowed merely on the basis of an earlier block assessment disallowance that had not survived in later appellate proceedings, absent fresh supporting material. The first appellate relief was maintained. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262121