https://www.taxtmi.com/caselaws?id=372947 The High Court classified income received from letting out as house property income, following precedents and distinguishing the appellant's arguments. Receipts from the sale of stilt parking were deemed eligible for deduction under Section 80IB(10) based on previous decisions. The Court declined to entertain the deletion of disallowance under Section 80IB on common expenses, citing lack of substantial legal issue and directed the appeal for final hearing alongside related cases. The judgment provided a comprehensive analysis of income classification, deduction eligibility, and disallowance under the Income Tax Act. en-us Tue, 31 Jul 2018 00:00:00 +0530 Mon, 06 Apr 2026 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372947 The High Court classified income received from letting out as house property income, following precedents and distinguishing the appellant's arguments. Receipts from the sale of stilt parking were deemed eligible for deduction under Section 80IB(10) based on previous decisions. The Court declined to entertain the deletion of disallowance under Section 80IB on common expenses, citing lack of substantial legal issue and directed the appeal for final hearing alongside related cases. The judgment provided a comprehensive analysis of income classification, deduction eligibility, and disallowance under the Income Tax Act. Case-Laws Income Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372947