Disallowance of interest on loan taken for acquiring few let-out ...

Interest Deduction on Loan for Multiple Let-Out Flats Disputed; Taxpayer Challenges Decision by AO and CIT (Appeals.

May 2, 2022

Case Laws     Income Tax     AT

Disallowance of interest on loan taken for acquiring few let-out flats - Income from house property - nexus of use of the loan amount for acquiring the house property - AO as well as the learned CIT(A) ought to have accepted the claim of interest paid to DCB Bank by the assessee - AT

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