Income from house property - Deduction of interest u/s 24(1)(vi) ...

Interest on Interest from Loan Defaults Not Deductible u/s 24(1)(vi) of Income Tax Act for House Property.

December 31, 2013

Case Laws Income Tax HC

Income from house property - Deduction of interest u/s 24(1)(vi) - Interest paid on interest levied by the bank, because of non-payment of instalments of borrowed capital to the bank, does not qualify for an admissible deduction - HC

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Income from house property - Deduction of interest u/s 24(1)(vi) ...

Interest on Interest from Loan Defaults Not Deductible u/s 24(1)(vi) of Income Tax Act for House Property.

December 31, 2013

Case Laws Income Tax HC

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