https://www.taxtmi.com/caselaws?id=276204 The Tribunal classified the compensation for amenities as "Income from House Property" in a case involving a company leasing properties. The income from amenities was considered integral to the property, leading to the entire amount being classified as such. Additionally, the deduction under section 24(a) for repairs was not restricted to rental income alone due to the inclusion of amenities income in the house property category. The allowance of deduction under section 24(b) for interest on borrowed capital was not explicitly discussed as the focus was on the classification of income from amenities. en-us Wed, 15 Jun 2011 00:00:00 +0530 Thu, 01 Nov 2018 16:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276204 The Tribunal classified the compensation for amenities as "Income from House Property" in a case involving a company leasing properties. The income from amenities was considered integral to the property, leading to the entire amount being classified as such. Additionally, the deduction under section 24(a) for repairs was not restricted to rental income alone due to the inclusion of amenities income in the house property category. The allowance of deduction under section 24(b) for interest on borrowed capital was not explicitly discussed as the focus was on the classification of income from amenities. Case-Laws Income Tax Wed, 15 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276204