https://www.taxtmi.com/caselaws?id=794989 Maintenance charges under a separate agreement are treated as business income where they are independently contracted, separately identifiable from rent, and linked to distinct services and facilities rather than mere letting. Interest on fresh borrowings used to repay earlier property loans remains fully deductible under section 24(b) where the borrowing retains a nexus with acquisition or financing of the house property. Replacing an earlier loan does not, by itself, restrict the interest deduction. en-us Mon, 29 Jun 2026 00:00:00 +0530 Wed, 15 Jul 2026 08:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794989 Maintenance charges under a separate agreement are treated as business income where they are independently contracted, separately identifiable from rent, and linked to distinct services and facilities rather than mere letting. Interest on fresh borrowings used to repay earlier property loans remains fully deductible under section 24(b) where the borrowing retains a nexus with acquisition or financing of the house property. Replacing an earlier loan does not, by itself, restrict the interest deduction. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794989