Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar
section 71(3) of the Income Tax Act, 1961. And whereas an amount of Rs.51,750/- has been claimed as ‘Expenses on let out property’ and an amount of Rs.79,936/- has been claimed as ‘Expenses against Rental Income’ and allowed at the time of assessment, even though such expenses were not covered under Chapter IV of the Income