Tenant's Claim for Municipal Impact Fee Deemed Penal; Criticism of Income Tax Commissioner's Disallowance.

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....Nature of expenses - fees, taxes and other cost or any other charges on rented premises - impact fee levied by the municipal authority is penal in nature - the assessee was under obligation to bear the expenditure as per the tenancy agreement. Therefore, we are of the view that the ld. CIT(A) has erred in disallowing claim of the assessee - AT....