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2013 (5) TMI 311 - ITAT MUMBAIAddition on account of Notational Interest - Income from house property - determination of annual letting value - held that:- The question whether notional interest on interest free deposit is includible while calculating annual letting value of the property u/s.23(1)(a), came up for consideration before the Full Bench of the Hon’ble Delhi High Court in CIT vs. Moni Kumar Subba [2011 (3) TMI 497 - DELHI HIGH COURT]. - The Hon’ble Delhi High Court has held that no addition to the annual letting value for notional interest u/s.23(1)(a) is sustainable. - Decided against the revenue.
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