https://www.taxtmi.com/caselaws?id=23594 The High Court of Delhi ruled that no additional amount was justified for the variance between market rent and actual rent paid for a property due to the actual rent being higher than the standard rent. The Court found the first question academic based on Supreme Court precedent. Additionally, the trust was granted exemption under section 11 of the Income-tax Act as section 13 was deemed not applicable. The Court directed the Tribunal to refer the trust's entitlement to exemption under section 11 for further consideration. The petition was disposed of without costs. en-us Mon, 15 Jan 1990 00:00:00 +0530 Tue, 22 Dec 2009 13:43:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23594 The High Court of Delhi ruled that no additional amount was justified for the variance between market rent and actual rent paid for a property due to the actual rent being higher than the standard rent. The Court found the first question academic based on Supreme Court precedent. Additionally, the trust was granted exemption under section 11 of the Income-tax Act as section 13 was deemed not applicable. The Court directed the Tribunal to refer the trust's entitlement to exemption under section 11 for further consideration. The petition was disposed of without costs. Case-Laws Income Tax Mon, 15 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23594