https://www.taxtmi.com/caselaws?id=389632 The Tribunal partly allowed the appeal, ruling in favor of the assessee by deleting the addition made on the fair rental value determination for a property under construction used for business purposes, emphasizing it was not taxable as house property. However, the disallowance of repairs and maintenance expenses for the same property was upheld, as the expenses were required to be capitalized. en-us Mon, 28 Oct 2019 00:00:00 +0530 Fri, 13 Dec 2019 09:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389632 The Tribunal partly allowed the appeal, ruling in favor of the assessee by deleting the addition made on the fair rental value determination for a property under construction used for business purposes, emphasizing it was not taxable as house property. However, the disallowance of repairs and maintenance expenses for the same property was upheld, as the expenses were required to be capitalized. Case-Laws Income Tax Mon, 28 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389632