https://www.taxtmi.com/caselaws?id=62553 The Tribunal allowed the appeal partly, focusing on the deduction claim under section 80C(2)(h)(ii)(b) of the Income-tax Act, 1961. It held that the appellant's payment towards a flat in a housing society, where construction was completed after a specified date, qualified for deduction. The Tribunal emphasized that the term "chargeable" in the provision referred to potential income, not just actual income, under the head "Income from house property." As the appellant met the conditions by paying the installment and the construction being completed post the specified date, the Tribunal directed the ITO to grant the necessary relief. en-us Mon, 28 Nov 1994 00:00:00 +0530 Thu, 20 Jan 2011 13:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62553 The Tribunal allowed the appeal partly, focusing on the deduction claim under section 80C(2)(h)(ii)(b) of the Income-tax Act, 1961. It held that the appellant's payment towards a flat in a housing society, where construction was completed after a specified date, qualified for deduction. The Tribunal emphasized that the term "chargeable" in the provision referred to potential income, not just actual income, under the head "Income from house property." As the appellant met the conditions by paying the installment and the construction being completed post the specified date, the Tribunal directed the ITO to grant the necessary relief. Case-Laws Income Tax Mon, 28 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62553