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2018 (6) TMI 1288 - AT - Wealth-taxDetermination of net wealth liable to be taxed - Deduction in respect of loan availed by the assessee - Admission of additional evidence in respect of property at Banjara Hills, Hyderabad - Held that:- During the appeal hearing, the assessee furnished evidence before the CWT(A), relating to housing loan availed by her from ICICI Home Finance Ltd. The same was not made available to the AO. In fact, the assessee had not responded to the notices issued by the AO during the assessment proceedings. The evidence which was furnished before the CWT(A) first time for allowing the deduction and the Ld.CWT(A) has not called for the remand. Therefore, we are of the considered view that the issue should be remitted back to the file of the AO to consider the deduction in respect of loan availed by the assessee relating to the Banjara Hills property
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