The Mumbai bench of the Income Tax Appellate Tribunal( ITAT ) has held that Interest on the loan of the leased portion of a building cannot be allowed as a work-in-progress when eligible for deduction under Section 24 of the Income Tax Act,1961. The assessee namely M/s Alpha associates filed regular returns of income for…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
Ā ā¹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now
