https://www.taxtmi.com/caselaws?id=60587 The Tribunal allowed the appeal, upholding the claim for deduction of arrears of municipal taxes in the present year. It accepted the assessee's argument that the excess municipal taxes were not claimed earlier as they were not demanded by the corporation. The Tribunal cited the absence of contrary authorities and the potential anomalies if the revenue's interpretation was followed. It held that arrears of taxes paid by the assessee should be allowed as a deduction, subject to verification that they were not claimed in any earlier year. en-us Sun, 15 Jan 1984 00:00:00 +0530 Fri, 07 Jan 2011 10:58:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60587 The Tribunal allowed the appeal, upholding the claim for deduction of arrears of municipal taxes in the present year. It accepted the assessee's argument that the excess municipal taxes were not claimed earlier as they were not demanded by the corporation. The Tribunal cited the absence of contrary authorities and the potential anomalies if the revenue's interpretation was followed. It held that arrears of taxes paid by the assessee should be allowed as a deduction, subject to verification that they were not claimed in any earlier year. Case-Laws Income Tax Sun, 15 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60587