https://www.taxtmi.com/caselaws?id=28813 Amounts collected by a landlord from tenants towards the tenants' statutory municipal tax liability do not form part of annual value under the Income-tax Act and are not taxable income in the landlord's hands. The receipt is treated as distinct from rent and service charges, and a proviso cannot expand the main computation formula to give revenue character to an amount outside it. Any excess collection retained without remittance also remains outside assessable income, because retention does not alter the non-revenue character of the original receipt. The reference was answered against the revenue. en-us Mon, 02 Aug 1982 00:00:00 +0530 Thu, 25 Feb 2010 18:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28813 Amounts collected by a landlord from tenants towards the tenants' statutory municipal tax liability do not form part of annual value under the Income-tax Act and are not taxable income in the landlord's hands. The receipt is treated as distinct from rent and service charges, and a proviso cannot expand the main computation formula to give revenue character to an amount outside it. Any excess collection retained without remittance also remains outside assessable income, because retention does not alter the non-revenue character of the original receipt. The reference was answered against the revenue. Case-Laws Income Tax Mon, 02 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28813