https://www.taxtmi.com/caselaws?id=63730 The Tribunal upheld the Commissioner(A)'s decision to allow the claim of interest amounting to Rs. 31,734 from the income from the house property. The Tribunal found that there was a valid oral understanding between the parties to pay interest, supported by the husband showing the interest as income in his assessment. Previous instances of claiming and paying similar interest further strengthened the case. As there was no objection to the adjustment made by the Commissioner(A) in the interest calculation, the Tribunal dismissed the Revenue's appeal. en-us Tue, 31 Jan 1989 00:00:00 +0530 Tue, 01 Feb 2011 15:36:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63730 The Tribunal upheld the Commissioner(A)'s decision to allow the claim of interest amounting to Rs. 31,734 from the income from the house property. The Tribunal found that there was a valid oral understanding between the parties to pay interest, supported by the husband showing the interest as income in his assessment. Previous instances of claiming and paying similar interest further strengthened the case. As there was no objection to the adjustment made by the Commissioner(A) in the interest calculation, the Tribunal dismissed the Revenue's appeal. Case-Laws Income Tax Tue, 31 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63730