Held that when the rental income is assessed under the head income from house property the deduction of 30% under section 24(a) is allowable ( ITA No. 449/ Ahd/ 2019 dt .27 -7 -2021 ) (AY. 2015 -16 )
Vishwa Kalyan Societ v. DCIT ( 2022) The Chamber’s Journal -February – P. 182 ( Ahd ) ( Trib)
S. 11 : Property held for charitable purposes – Rental income assessed as income from house property – Deduction of 30% is allowable u/s 24(a) of the Act [ S. 22, 24(a) ]