https://www.taxtmi.com/caselaws?id=5240 The Supreme Court upheld the High Court's decision on the applicability of the repair deduction provision under section 24(1)(i)(b) of the Income-tax Act, 1961. The Court concluded that the tenant had undertaken substantial repairs as per the lease agreement, justifying the deduction under section 24(1)(i)(b) over section 24(1)(i)(a). The appeals were dismissed, settling the issue in favor of the revenue authorities. en-us Fri, 27 Nov 1987 00:00:00 +0530 Fri, 21 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5240 The Supreme Court upheld the High Court's decision on the applicability of the repair deduction provision under section 24(1)(i)(b) of the Income-tax Act, 1961. The Court concluded that the tenant had undertaken substantial repairs as per the lease agreement, justifying the deduction under section 24(1)(i)(b) over section 24(1)(i)(a). The appeals were dismissed, settling the issue in favor of the revenue authorities. Case-Laws Income Tax Fri, 27 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5240