https://www.taxtmi.com/caselaws?id=788432 Disallowances of proportionate expenses relating to rented portions were examined on the basis that power, fuel and repair costs were met from and matched against tenant recoveries/maintenance (CAM) receipts recorded as business income; co ordinate bench precedents and subsequent assessment treatment were relied on. The Tribunal concluded that where such expenditure is funded by and reflected against CAM or tenant recoveries treated as business income, a proportionate disallowance against rental income is not justified, and accordingly the challenged disallowances were deleted and the appeals allowed in favour of the assessee. en-us Thu, 19 Mar 2026 00:00:00 +0530 Sat, 21 Mar 2026 08:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788432 Disallowances of proportionate expenses relating to rented portions were examined on the basis that power, fuel and repair costs were met from and matched against tenant recoveries/maintenance (CAM) receipts recorded as business income; co ordinate bench precedents and subsequent assessment treatment were relied on. The Tribunal concluded that where such expenditure is funded by and reflected against CAM or tenant recoveries treated as business income, a proportionate disallowance against rental income is not justified, and accordingly the challenged disallowances were deleted and the appeals allowed in favour of the assessee. Case-Laws Income Tax Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788432