https://www.taxtmi.com/caselaws?id=186528 The ITAT dismissed the Revenue's appeal and allowed the assessee's appeal, directing the Assessing Officer to permit the carry forward of losses under the head "Income from House Property" as per section 71B of the Income Tax Act. The ITAT determined that the income should be computed as "Income from House Property," enabling the deduction of interest and the carry forward of losses, despite the property not being lettable during the relevant year. en-us Fri, 24 Jun 2016 00:00:00 +0530 Wed, 21 Sep 2016 14:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186528 The ITAT dismissed the Revenue's appeal and allowed the assessee's appeal, directing the Assessing Officer to permit the carry forward of losses under the head "Income from House Property" as per section 71B of the Income Tax Act. The ITAT determined that the income should be computed as "Income from House Property," enabling the deduction of interest and the carry forward of losses, despite the property not being lettable during the relevant year. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186528