Court Rules Maintenance Charges Taxable as Income from Property or Other Sources; Agreements Upheld as Genuine.

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....Receipt of maintenance charges - liable to be taxed under the head of income from house property OR income from other sources - The Assessees who are signatories to the said agreements cannot be permitted to claim the said agreements to be sham devices and contend that the substance of the maintenance agreements was different from what was expressly recorded therein. - HC....