https://www.taxtmi.com/caselaws?id=58263 State education cess recoverable from tenants under the Maharashtra Education and Employment Guarantee (Cess) Act, 1962 forms part of the rent for computing annual value under section 23(1) of the Income-tax Act, because the annual value is determined by reference to rent received by the owner. Once included in the annual value, the cess is separately deductible under section 24(1)(vii) as a tax levied on the owner. The analysis treats statutory cess recovered from the tenant as part of contractual/statutory rent for property income computation, with deduction available only after inclusion. en-us Wed, 26 Sep 1984 00:00:00 +0530 Sat, 18 Dec 2010 12:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58263 State education cess recoverable from tenants under the Maharashtra Education and Employment Guarantee (Cess) Act, 1962 forms part of the rent for computing annual value under section 23(1) of the Income-tax Act, because the annual value is determined by reference to rent received by the owner. Once included in the annual value, the cess is separately deductible under section 24(1)(vii) as a tax levied on the owner. The analysis treats statutory cess recovered from the tenant as part of contractual/statutory rent for property income computation, with deduction available only after inclusion. Case-Laws Income Tax Wed, 26 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58263