Incidence of income-tax on house property is on ownership

HIGH COURT OF DELHI Commissioner of Income-tax Versus Ansal Housing Finance & Leasing Co. Ltd. IT APPEAL NOS. 18 OF 1999 AND OTHERS OCTOBER 31, 2012 ORDER S. Ravindra Bhat, J. The following questions of law were framed in relation to the above appeals, and in respect of which the present common judgment is delivered: (1)  Whether in the circumstances the ITAT is correct in holding that expenses incurred on the maintenance of accommodation provided to its employees and executives in Iraq is not disallowable? (2)  Whether on the facts and in the circumstances of the case, ...