https://www.taxtmi.com/caselaws?id=1765 The High Court upheld the Tribunal's decision to restrict a firm's deduction for collection charges, emphasizing the lack of evidence supporting exclusive rent collection expenses and justifying the apportionment of charges between rent collection and repairs. The court dismissed the firm's argument for a full deduction based on gross rent received, noting the employees' dual roles. The Tribunal's decision was upheld, denying the firm's claim for the full deduction and ruling in favor of the Revenue on both issues raised. en-us Mon, 12 Jun 2006 00:00:00 +0530 Sat, 02 Aug 2008 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1765 The High Court upheld the Tribunal's decision to restrict a firm's deduction for collection charges, emphasizing the lack of evidence supporting exclusive rent collection expenses and justifying the apportionment of charges between rent collection and repairs. The court dismissed the firm's argument for a full deduction based on gross rent received, noting the employees' dual roles. The Tribunal's decision was upheld, denying the firm's claim for the full deduction and ruling in favor of the Revenue on both issues raised. Case-Laws Income Tax Mon, 12 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1765