In the result, the appeal of the assessee is allowed for statistical purposes
Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal
4– 5. Swimming pool maintenance 6. Repairs and pest control 2. These expenses are clearly related to the general upkeep of the residential complex. They ensure the smooth functioning and maintenance of the property for the benefit of the members. However, these are operational costs that bear no direct relation to the generation of interest income from fixed deposits