https://www.taxtmi.com/caselaws?id=420975 The ITAT allowed the appeal filed by the assessee, directing the AO to delete the addition of disallowed society maintenance charges of Rs. 68,18,580/- and to allow the grounds of appeal in favor of the assessee. The ITAT concluded that society maintenance charges should be deducted when determining the annual letting value of the property under Section 23 of the Income Tax Act, based on various judicial precedents cited. The order of the CIT(A) upholding the AO's decision was set aside. en-us Mon, 14 Feb 2022 00:00:00 +0530 Thu, 14 Apr 2022 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420975 The ITAT allowed the appeal filed by the assessee, directing the AO to delete the addition of disallowed society maintenance charges of Rs. 68,18,580/- and to allow the grounds of appeal in favor of the assessee. The ITAT concluded that society maintenance charges should be deducted when determining the annual letting value of the property under Section 23 of the Income Tax Act, based on various judicial precedents cited. The order of the CIT(A) upholding the AO's decision was set aside. Case-Laws Income Tax Mon, 14 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420975