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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Addition u/s 24(b) - Claim of expenditure to run the company ...


Assessee Claims Rental Income Expenditure u/s 24(b) Must Be Allowed for Income Calculation.

April 11, 2020

Case Laws     Income Tax     AT

Addition u/s 24(b) - Claim of expenditure to run the company from rental income - assessee has itself assessed rental income under the head “Income from house property’ - such expenditure has to be allowed while computing the income of the assessee - AT

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