{"id":29730,"date":"2022-09-11T17:48:36","date_gmt":"2022-09-11T12:18:36","guid":{"rendered":"https:\/\/itatonline.org\/digest\/lewis-family-trust-v-ito-2022-bcaj-february-p-39-mum-trib\/"},"modified":"2022-09-11T17:48:36","modified_gmt":"2022-09-11T12:18:36","slug":"lewis-family-trust-v-ito-2022-bcaj-february-p-39-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/lewis-family-trust-v-ito-2022-bcaj-february-p-39-mum-trib\/","title":{"rendered":"Lewis Family Trust v.ITO ( 2022) BCAJ- February -P. 39 ( Mum)( Trib)"},"content":{"rendered":"<p>Held that\u00a0 deduction under section 24(a) is held to be allowable even for rent of furniture and fixtures etc . Reimbursement of member\u2019s share of contribution for repairing the entire society building is held to be not taxable as it has no income element .\u00a0\u00a0 ( TS-1121 -ITAT 2021 (Mum) (AY. 2012 -13 ( Dt. 30-11 -2021 )<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 24 : Income from house property &#8211; Deductions &#8211;    Rent of furniture and fixtures etc- 30% deduction allowable as deduction- Reimbursement of member\u2019s share of contribution for repairing the entire society building is held to be not taxable as it has no income element . [ S.4, 22, 24(a)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-29730","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7Jw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=29730"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29730\/revisions"}],"predecessor-version":[{"id":29731,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29730\/revisions\/29731"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}