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2019 (6) TMI 1415 - ITAT MUMBAIDisallowing interest on bank loan for purchase of flat - disallowance of depreciation on flat that was provided as residential accommodation to the Managing Director holding the same as non-business transaction - HELD THAT:- As decided in own case [2018 (10) TMI 1352 - ITAT MUMBAI] facts and circumstances are exactly identical and the issue is same. Even, the property transaction question is the same and this property was purchased in FY 2009-10 relevant to A.Y. 2010-1. Respectfully following the Tribunal’s order in assessee’s own case for immediate preceding year, delete both the disallowance and allow the appeal of the assessee.
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