https://www.taxtmi.com/caselaws?id=181955 The Tribunal allowed the appeal of the assessee, a partnership firm, regarding the computation of income under "Income from house property" for the assessment year 2005-06. The issue centered on the deduction of association maintenance charges of Rs. 1,77,000. The Tribunal held that these charges should be deducted while computing the annual letting value of the property under section 23, as they impact the property's value. The department failed to provide contrary judgments, leading to the direction for the Assessing Officer to allow the deduction of association maintenance charges. en-us Tue, 23 Dec 2008 00:00:00 +0530 Thu, 28 Apr 2016 15:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181955 The Tribunal allowed the appeal of the assessee, a partnership firm, regarding the computation of income under "Income from house property" for the assessment year 2005-06. The issue centered on the deduction of association maintenance charges of Rs. 1,77,000. The Tribunal held that these charges should be deducted while computing the annual letting value of the property under section 23, as they impact the property's value. The department failed to provide contrary judgments, leading to the direction for the Assessing Officer to allow the deduction of association maintenance charges. Case-Laws Income Tax Tue, 23 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181955