https://www.taxtmi.com/caselaws?id=179440 The Tribunal allowed the assessee's appeal for statistical purposes, restoring the issue of deduction u/s 80M to the Assessing Officer for examination. The assessee withdrew the ground related to deduction u/s 35D. The Tribunal upheld the CIT(A)'s computation of income from house property based on municipal rate. It agreed with the CIT(A) on allowing interest and administrative expenses. The Tribunal upheld the treatment of compensation paid to tenants as cost of improvement. The Tribunal confirmed the allowability of expenditures related to the HRC Division. The revenue's appeal was dismissed. en-us Fri, 25 Feb 2011 00:00:00 +0530 Tue, 01 Mar 2016 17:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179440 The Tribunal allowed the assessee's appeal for statistical purposes, restoring the issue of deduction u/s 80M to the Assessing Officer for examination. The assessee withdrew the ground related to deduction u/s 35D. The Tribunal upheld the CIT(A)'s computation of income from house property based on municipal rate. It agreed with the CIT(A) on allowing interest and administrative expenses. The Tribunal upheld the treatment of compensation paid to tenants as cost of improvement. The Tribunal confirmed the allowability of expenditures related to the HRC Division. The revenue's appeal was dismissed. Case-Laws Income Tax Fri, 25 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179440