https://www.taxtmi.com/caselaws?id=26410 The court ruled against allowing the deduction of Rs. 10,000 as marriage expenses under the Income-tax Act, 1961. Despite being considered a capital charge, the expenditure did not meet the criteria for deduction under section 24(1)(iv) of the Act. The court emphasized that for an amount to qualify as an overriding charge, the income should be diverted before reaching the assessee, which was not the case in this scenario. Therefore, the court held in favor of the Revenue, concluding that the expenditure for the sister's marriage could not be treated as an overriding charge on the inherited property. en-us Mon, 23 Jun 1986 00:00:00 +0530 Thu, 04 Feb 2010 17:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26410 The court ruled against allowing the deduction of Rs. 10,000 as marriage expenses under the Income-tax Act, 1961. Despite being considered a capital charge, the expenditure did not meet the criteria for deduction under section 24(1)(iv) of the Act. The court emphasized that for an amount to qualify as an overriding charge, the income should be diverted before reaching the assessee, which was not the case in this scenario. Therefore, the court held in favor of the Revenue, concluding that the expenditure for the sister's marriage could not be treated as an overriding charge on the inherited property. Case-Laws Income Tax Mon, 23 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26410