Deduction of interest from House property Income - nature of ...

Court Examines Interest Deduction on Converted Loan for House Property Income; No New Loan Issued by Bank.

November 2, 2018

Case Laws Income Tax AT

Deduction of interest from House property Income - nature of loan - The bank did not disburse any fresh loan to the assessee but the outstanding amount out of the loan granted earlier to the assessee for construction of the building was converted into a fresh loan.

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Deduction of interest from House property Income - nature of ...

Court Examines Interest Deduction on Converted Loan for House Property Income; No New Loan Issued by Bank.

November 2, 2018

Case Laws Income Tax AT

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