https://www.taxtmi.com/caselaws?id=69039 The tribunal upheld the CIT(A)'s assessment of the income from property at Rs. 7,20,000, rejecting the assessee's claims for bifurcating the income and deducting interest on borrowed capital. The decision emphasized the inseparability of the building and amenities, the inclusion of interest saved as part of the income, and the tax implications of the assessee's chosen financial arrangements. en-us Mon, 27 Aug 1990 00:00:00 +0530 Fri, 20 Jan 2012 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69039 The tribunal upheld the CIT(A)'s assessment of the income from property at Rs. 7,20,000, rejecting the assessee's claims for bifurcating the income and deducting interest on borrowed capital. The decision emphasized the inseparability of the building and amenities, the inclusion of interest saved as part of the income, and the tax implications of the assessee's chosen financial arrangements. Case-Laws Income Tax Mon, 27 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69039