https://www.taxtmi.com/caselaws?id=796742 Notional usage charges for premises occupied by a sister concern are not taxable as income from other sources without evidence of actual receipt or enforceable accrual. Where an arrangement is implemented through reimbursement of common costs rather than stipulated usage charges, related expense treatment must reflect the actual income position. Expenditure wholly and exclusively incurred to earn income from other sources is deductible, while building-related expenses may be restricted to the area producing actual rental income assessable under house property. Trade incentives and brand-promotion costs incurred in the ordinary course of business remain revenue expenditure despite incidental brand benefit. Depreciation on moulds and dies is available where their use in manufacturing packaging containers establishes that the assets were put to use. en-us Tue, 21 Jul 2026 00:00:00 +0530 Mon, 10 Aug 2026 08:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796742 Notional usage charges for premises occupied by a sister concern are not taxable as income from other sources without evidence of actual receipt or enforceable accrual. Where an arrangement is implemented through reimbursement of common costs rather than stipulated usage charges, related expense treatment must reflect the actual income position. Expenditure wholly and exclusively incurred to earn income from other sources is deductible, while building-related expenses may be restricted to the area producing actual rental income assessable under house property. Trade incentives and brand-promotion costs incurred in the ordinary course of business remain revenue expenditure despite incidental brand benefit. Depreciation on moulds and dies is available where their use in manufacturing packaging containers establishes that the assets were put to use. Case-Laws Income Tax Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796742