https://www.taxtmi.com/caselaws?id=177121 The Tribunal allowed the appeal, overturning the disallowance of a 30% deduction for repairs under section 24, classifying income as 'Income from other sources' instead of 'Rental Income, disallowance of litigation fees, and addition to income towards depreciation. The Tribunal held that the appellant was eligible for the deductions claimed, emphasizing that the entire amount received was rent assessable under 'house property income.' The litigation fees were considered to be incurred wholly and exclusively during the course of business operations, leading to their allowance. The Tribunal rejected the disallowance of depreciation, stating no justification for sustaining it. en-us Fri, 20 Aug 2010 00:00:00 +0530 Mon, 04 Jan 2016 11:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177121 The Tribunal allowed the appeal, overturning the disallowance of a 30% deduction for repairs under section 24, classifying income as 'Income from other sources' instead of 'Rental Income, disallowance of litigation fees, and addition to income towards depreciation. The Tribunal held that the appellant was eligible for the deductions claimed, emphasizing that the entire amount received was rent assessable under 'house property income.' The litigation fees were considered to be incurred wholly and exclusively during the course of business operations, leading to their allowance. The Tribunal rejected the disallowance of depreciation, stating no justification for sustaining it. Case-Laws Income Tax Fri, 20 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177121