https://www.taxtmi.com/caselaws?id=268550 The Tribunal dismissed the revenue's appeal for AY 2006-07, affirming that rental income should be treated as income from house property. For AY 2008-09, the Tribunal allowed the appeal regarding the allowance of interest and finance charges as revenue expenditure, instructing a reassessment by the AO due to new submissions presented during the appeal process. en-us Mon, 14 Sep 2015 00:00:00 +0530 Fri, 27 Nov 2015 23:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268550 The Tribunal dismissed the revenue's appeal for AY 2006-07, affirming that rental income should be treated as income from house property. For AY 2008-09, the Tribunal allowed the appeal regarding the allowance of interest and finance charges as revenue expenditure, instructing a reassessment by the AO due to new submissions presented during the appeal process. Case-Laws Income Tax Mon, 14 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268550