https://www.taxtmi.com/caselaws?id=24052 The High Court ruled that the salary paid to the caretaker is not a deductible expense in determining the annual value of the property for income tax purposes. The Court held that such salary does not fall under any specific item for deduction under relevant sections of the Income-tax Act, 1961. The Court emphasized that deductions provided in the Act are exhaustive and the engagement of a caretaker does not qualify as a permissible deduction. Consequently, the Court decided in favor of the Revenue, denying the deduction claimed by the assessee for the caretaker's salary. en-us Fri, 09 Dec 1988 00:00:00 +0530 Sat, 16 Jan 2010 12:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24052 The High Court ruled that the salary paid to the caretaker is not a deductible expense in determining the annual value of the property for income tax purposes. The Court held that such salary does not fall under any specific item for deduction under relevant sections of the Income-tax Act, 1961. The Court emphasized that deductions provided in the Act are exhaustive and the engagement of a caretaker does not qualify as a permissible deduction. Consequently, the Court decided in favor of the Revenue, denying the deduction claimed by the assessee for the caretaker's salary. Case-Laws Income Tax Fri, 09 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24052