https://www.taxtmi.com/caselaws?id=235808 Pre-construction interest on borrowed capital was held allowable as deduction under section 24(b) where it related to construction cost and the assessee's entitlement was shown on the record, so the disallowance was deleted. Exemption under section 10(13A) for house rent allowance was also allowed because the assessee proved occupation of the residential premises and actual rent payment through rent receipts and bank transfer evidence, satisfying the statutory conditions. Both additions were therefore set aside and full relief was granted to the assessee. en-us Fri, 12 Jul 2013 00:00:00 +0530 Mon, 05 Aug 2013 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235808 Pre-construction interest on borrowed capital was held allowable as deduction under section 24(b) where it related to construction cost and the assessee's entitlement was shown on the record, so the disallowance was deleted. Exemption under section 10(13A) for house rent allowance was also allowed because the assessee proved occupation of the residential premises and actual rent payment through rent receipts and bank transfer evidence, satisfying the statutory conditions. Both additions were therefore set aside and full relief was granted to the assessee. Case-Laws Income Tax Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235808