https://www.taxtmi.com/caselaws?id=339641 The Tribunal dismissed the Revenue's appeal, affirming the allowance of the deduction claimed by the assessee under section 24(b) of the Income Tax Act, 1961. The decision was based on the factual position and the provisions of the Act, as interpreted by the Tribunal in a previous case. The Tribunal upheld the assessee's entitlement to the deduction claimed for interest paid on loans utilized for property acquisition and repayment purposes. en-us Wed, 01 Mar 2017 00:00:00 +0530 Sat, 04 Mar 2017 13:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339641 The Tribunal dismissed the Revenue's appeal, affirming the allowance of the deduction claimed by the assessee under section 24(b) of the Income Tax Act, 1961. The decision was based on the factual position and the provisions of the Act, as interpreted by the Tribunal in a previous case. The Tribunal upheld the assessee's entitlement to the deduction claimed for interest paid on loans utilized for property acquisition and repayment purposes. Case-Laws Income Tax Wed, 01 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339641