https://www.taxtmi.com/caselaws?id=329535 Deductions against income from house property are confined to those expressly permitted by statute, so brokerage, legal expenses and insurance expenses were not allowable; maintenance charges could be considered only if paid to the housing society and properly verifiable. Interest on fixed deposits was treated as income from other sources, and expenditure claimed against that income was not deductible because it was not shown to have been incurred wholly and exclusively for earning the relevant receipts. The note emphasises that statutory nexus is required for deductions under both heads, and unsupported claims are disallowed. en-us Wed, 08 Jun 2016 00:00:00 +0530 Mon, 04 Jul 2016 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329535 Deductions against income from house property are confined to those expressly permitted by statute, so brokerage, legal expenses and insurance expenses were not allowable; maintenance charges could be considered only if paid to the housing society and properly verifiable. Interest on fixed deposits was treated as income from other sources, and expenditure claimed against that income was not deductible because it was not shown to have been incurred wholly and exclusively for earning the relevant receipts. The note emphasises that statutory nexus is required for deductions under both heads, and unsupported claims are disallowed. Case-Laws Income Tax Wed, 08 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329535