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Case lawHigh Court › Jay Metal Industries Pvt. Ltd. v CIT
High CourtCuts both waysValidity unconfirmeds.56(2)(iii)s.56s.57s.57(iii)s.24(a)s.22s.260A

Jay Metal Industries Pvt. Ltd. v CIT

I let a fully furnished, centrally air-conditioned office with a generator on a single lease and claimed the thirty per cent standard deduction under s.24(a). The Assessing Officer has taxed the whole rent as income from other sources. Can I still get some deduction?

I let a fully furnished, centrally air-conditioned office with a generator on a single lease and claimed the thirty per cent standard deduction under s.24(a). The Assessing Officer has taxed the whole rent as income from other sources. Can I still get some deduction?

The Delhi High Court held that the lease was composite, that the rent answered the description in s.56(2)(iii), and that the standard deduction under s.24(a) was therefore not available. But it did not leave the assessee with nothing: it directed that while giving appeal effect the Assessing Officer grant the benefit of s.57 — recorded in the judgment as s.57(iii) — in respect of the deduction corresponding to the letting, the Revenue not having disputed that the assessee had never claimed depreciation.

Decided by the High Court (S. Muralidhar J and Prathiba M. Singh J) on 2017-07-13, reported as ITA 308/2016 (Delhi High Court), AY 2009-10. It bears on section 56(2)(iii), section 56, section 57, section 57(iii), section 24(a), section 22, section 260A of the Income Tax Act 1961, in House Property, Deductions & Disallowances and How Tax Law Is Read matters.

Validity check could not be completed. Validity check could not be completed. No search for later treatment or for an appeal to the Supreme Court was run in this pass. The composite-letting question is fact-sensitive and this library already carries decisions in which similar facts were held to produce house-property income, so the entry should be read as one side of a line rather than as a rule.

Why it matters

Two things matter here. First, the composite-letting test: following Sultan Bros., inseparability turns on the intention of the parties, and the question is whether the two were meant to be enjoyed together and whether one would have been let alone. On these facts — furniture and fixtures, central air-conditioning and a 200 KVA generator handed over 'in good working condition' under the lease — the court found a composite letting, and distinguished Dr. P.A. Varghese, where the amenities formed part of the building and there was only one letting. The library already carries decisions going the other way on similar facts, so the line is fact-sensitive and this is the side that goes to the Revenue. Second, and practically the most useful part of a losing case: once the income falls under s.56(2)(iii) the taxpayer is not stripped of deductions, because s.57 supplies its own set — clause (ii) carrying repairs, insurance and depreciation on the plant, machinery and furniture let out. The court also refused an alternative apportionment plea taken for the first time on appeal, which is a warning about pleading.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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