https://www.taxtmi.com/caselaws?id=429653 The ITAT ruled that notional interest on deposits cannot be included in the ALV for the computation of "Income from House Property." Consequently, the AO's additions were deleted for the relevant assessment years. The appeals for AY 2000-01 and 2005-06 were partly allowed, and the appeal for AY 2006-07 was fully allowed. en-us Mon, 31 Oct 2022 00:00:00 +0530 Tue, 01 Nov 2022 22:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429653 The ITAT ruled that notional interest on deposits cannot be included in the ALV for the computation of "Income from House Property." Consequently, the AO's additions were deleted for the relevant assessment years. The appeals for AY 2000-01 and 2005-06 were partly allowed, and the appeal for AY 2006-07 was fully allowed. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429653