https://www.taxtmi.com/caselaws?id=178410 The Tribunal classified the rental income from the use of terrace space for installing a tower as "income from house property," allowing the assessee to claim deductions under Section 24 of the Income Tax Act. This decision was based on precedents from the Hon'ble Delhi High Court and the Delhi Bench of ITAT, emphasizing that terrace space is part of the building. The appeal of the assessee was allowed, directing the AO to adjust the tax treatment accordingly. en-us Tue, 06 Jan 2015 00:00:00 +0530 Thu, 04 Feb 2016 07:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178410 The Tribunal classified the rental income from the use of terrace space for installing a tower as "income from house property," allowing the assessee to claim deductions under Section 24 of the Income Tax Act. This decision was based on precedents from the Hon'ble Delhi High Court and the Delhi Bench of ITAT, emphasizing that terrace space is part of the building. The appeal of the assessee was allowed, directing the AO to adjust the tax treatment accordingly. Case-Laws Income Tax Tue, 06 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178410