The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) in ACIT v M/s Linde Engineering India Pvt. Ltd, held that the tenant is eligible for deduction in respect of the amount of property tax paid on the leased property. In the instant case, Assessing Officer made disallowed expenditure in respect of Rs.4,67,266/- […]
The post Property Tax paid in respect of Leased Property is allowable as Expenditure: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2uah5wq
No comments:
Post a Comment