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2011 (6) TMI 499 - ITAT, MUMBAIIncome from House property - deductions u/s 24 - dis-allowance of municipal taxes & Society charges on the ground that a flat deduction of 30% is allowable u/s.24(a) and no further deduction are allowed - Held that:- Amount of deduction of municipal taxes is separately provided u/s 23(1) proviso, hence AO is directed to allow the same. Further, Society charges paid by the assessee in respect of the let out property are allowable while computing the annual letting value of the property u/s 23 - Decided in favor of the assessee Dis-allowance of 50% electricity charges - assessee is using his residence also as his office and accordingly claimed 75% of total electricity expenses as business expenditure, allocating 25% towards personal use - Held that:- In the absence of any contrary material placed on record by the Revenue to show that conferences with the producers & directors were not held at the residence of the assessee for the purpose of his profession or part of the residence was not used for business purposes and keeping in view the amount of income returned by the assessee ₹ 3.41 crores, we are of the view that further disallowance of 25% over and above already disallowed by the assessee is without any basis and unreasonable and accordingly the same is deleted - Decided in favor of the assessee
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