https://www.taxtmi.com/caselaws?id=296461 The ITAT Delhi allowed the Assessee's appeal, setting aside the lower authorities' orders and deleting the income additions. The decision was based on a previous case precedent for the A.Y. 2010-2011, where similar issues were decided in favor of the Assessee regarding the computation of ALV of the school building and the addition to taxable income under section 251(2) for interest claimed on a secured loan. en-us Mon, 02 Sep 2019 00:00:00 +0530 Wed, 21 Jul 2021 21:24:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296461 The ITAT Delhi allowed the Assessee's appeal, setting aside the lower authorities' orders and deleting the income additions. The decision was based on a previous case precedent for the A.Y. 2010-2011, where similar issues were decided in favor of the Assessee regarding the computation of ALV of the school building and the addition to taxable income under section 251(2) for interest claimed on a secured loan. Case-Laws Income Tax Mon, 02 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296461