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Case lawITAT › ACIT, Central Circle-26 v Ashok Kumar
ITATHelps taxpayerValidity unconfirmeds.22s.24s.24(a)s.27s.27(iiib)s.56s.269UA(f)

ACIT, Central Circle-26 v Ashok Kumar

I do not own the property. I hold it on a lease running since 1989 and I sub-let it. The Assessing Officer says sub-letting income is income from other sources under section 56 and has denied me the thirty per cent under section 24(a). What is the answer?

I do not own the property. I hold it on a lease running since 1989 and I sub-let it. The Assessing Officer says sub-letting income is income from other sources under section 56 and has denied me the thirty per cent under section 24(a). What is the answer?

The Commissioner (Appeals) held, and the Tribunal proceeded on the footing, that where the lease is for a term of not less than twelve years section 27(iiib) read with section 269UA(f) makes the lessee the deemed owner of the property for sections 22 to 26, so that the sub-letting receipt is income from house property and the section 24(a) deduction follows; the Tribunal recorded that conclusion in its own words at paragraph 19 without separately construing the section. The Tribunal held that the Revenue, having assessed the rent under the house property head, could not deny the statutory deduction unless it was proved on record that the original owner had also claimed the benefit, and the Revenue's appeal was dismissed.

Decided by the ITAT (Amit Shukla, Judicial Member and Dr. B. R. R. Kumar, Accountant Member) on 2021-07-01, reported as ITA No. 6105/Del/2017 (ITAT Delhi, A Bench), assessment year 2009-10. It bears on section 22, section 24, section 24(a), section 27, section 27(iiib), section 56, section 269UA(f) of the Income Tax Act 1961, in House Property and Deductions & Disallowances matters.

Validity check could not be completed. Validity check could not be completed; later treatment was not searched. The Tribunal's own operative paragraph both dismisses the Revenue's appeal and remits the claim for verification, so the order should be cited for the section 24(a) proposition rather than as a final adjudication of the deemed-owner question on these facts.

Why it matters

This is the everyday form of the deemed-owner question and it cuts both ways. Section 269UA(f)(i) defines transfer to include a lease for a term of not less than twelve years, and the Explanation aggregates the original term with any term for which the lease can be extended, so a shorter lease with renewal options can cross the line. That is what happened here: a tenancy from 1 December 1989, registered on 16 March 2000, extended to 31 March 2008 and again at the tenant's option to 31 March 2014, was treated as a lease of some twenty-five years. Practitioners should note the inconsistency risk the Tribunal itself flagged: if both the legal owner and the deemed-owner lessee claim the section 24(a) deduction on the same property, one of them is wrong, and the Tribunal directed verification on that footing. Section 27(iiib) also excludes rights acquired by way of a lease from month to month or for a period not exceeding one year.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

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