https://www.taxtmi.com/caselaws?id=60361 The Tribunal partly allowed the appeals, maintaining the Commissioner's order with modifications. The deduction for interest was to be reconsidered based on the actual loan amount used for property renewal. The deduction for municipal tax was disallowed as it was borne by the lessee. The direction to re-examine the classification of income from the Beliaghata property was deleted. The Commissioner's jurisdiction under Section 263 was upheld. en-us Sat, 17 Nov 1984 00:00:00 +0530 Tue, 04 Jan 2011 18:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60361 The Tribunal partly allowed the appeals, maintaining the Commissioner's order with modifications. The deduction for interest was to be reconsidered based on the actual loan amount used for property renewal. The deduction for municipal tax was disallowed as it was borne by the lessee. The direction to re-examine the classification of income from the Beliaghata property was deleted. The Commissioner's jurisdiction under Section 263 was upheld. Case-Laws Income Tax Sat, 17 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60361