https://www.taxtmi.com/caselaws?id=774248 ITAT Ahmedabad ruled in favor of the assessee regarding treatment of Common Area Maintenance Charges (CAMC) recovery. AO had treated shortfall in rental income as taxable rental income under house property. Assessee contended the amount represented CAMC recovery from tenant, which was netted against CAMC paid by assessee with balance debited to P&L account. CIT(A) accepted assessee's explanation supported by documentary evidence. ITAT confirmed that assessee adequately explained rental income difference and directed deletion of addition made by AO. en-us Thu, 03 Jul 2025 00:00:00 +0530 Sat, 05 Jul 2025 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774248 ITAT Ahmedabad ruled in favor of the assessee regarding treatment of Common Area Maintenance Charges (CAMC) recovery. AO had treated shortfall in rental income as taxable rental income under house property. Assessee contended the amount represented CAMC recovery from tenant, which was netted against CAMC paid by assessee with balance debited to P&L account. CIT(A) accepted assessee's explanation supported by documentary evidence. ITAT confirmed that assessee adequately explained rental income difference and directed deletion of addition made by AO. Case-Laws Income Tax Thu, 03 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774248