https://www.taxtmi.com/caselaws?id=789571 Rental receipts from the property remained assessable as income from house property because they had consistently been so assessed in earlier years and no material change in facts justified recharacterisation as business income; the standard deduction under section 24(a) was therefore allowable. Depreciation on the temporary structure was also allowable because the expenditure was incurred to make the office premises more suitable for business, and the record did not show that it resulted in an enduring or capital asset. The additions were deleted and relief was granted on both claims. en-us Fri, 13 Mar 2026 00:00:00 +0530 Fri, 10 Apr 2026 09:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789571 Rental receipts from the property remained assessable as income from house property because they had consistently been so assessed in earlier years and no material change in facts justified recharacterisation as business income; the standard deduction under section 24(a) was therefore allowable. Depreciation on the temporary structure was also allowable because the expenditure was incurred to make the office premises more suitable for business, and the record did not show that it resulted in an enduring or capital asset. The additions were deleted and relief was granted on both claims. Case-Laws Income Tax Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789571