https://www.taxtmi.com/caselaws?id=8927 The High Court ruled that Maharajkumar Vikramaditya Singh and Maharani Yashorajya Lakshmi were not entitled to claim deductions under section 24(1)(viii) of the Income-tax Act for collection charges as the expenses were not directly incurred by them. The Court emphasized that deductions must be proven to have been spent by the assessees themselves. The Tribunal's decision to allow the deductions was deemed legally erroneous, and the references were answered in the negative. Judge D. D. Thakur concurred with the Court's decision. en-us Thu, 12 Apr 1973 00:00:00 +0530 Wed, 17 Jun 2009 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8927 The High Court ruled that Maharajkumar Vikramaditya Singh and Maharani Yashorajya Lakshmi were not entitled to claim deductions under section 24(1)(viii) of the Income-tax Act for collection charges as the expenses were not directly incurred by them. The Court emphasized that deductions must be proven to have been spent by the assessees themselves. The Tribunal's decision to allow the deductions was deemed legally erroneous, and the references were answered in the negative. Judge D. D. Thakur concurred with the Court's decision. Case-Laws Income Tax Thu, 12 Apr 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8927