https://www.taxtmi.com/highlights?id=68196 House property - Disallowance of interest claimed on second loan u/s.24(b) - Applicability of DBDT circular - Ld. CIT(A) recorded categorical findings that the assessee has used second loan to re-pay existing loan and there is a nexus between loan borrowed from purchase of property and thus, the assessee is entitled for deduction towards interest paid on second loan. - Claim allowed - AT en-us Thu, 09 Feb 2023 11:51:31 +0530 Thu, 09 Feb 2023 11:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68196 House property - Disallowance of interest claimed on second loan u/s.24(b) - Applicability of DBDT circular - Ld. CIT(A) recorded categorical findings that the assessee has used second loan to re-pay existing loan and there is a nexus between loan borrowed from purchase of property and thus, the assessee is entitled for deduction towards interest paid on second loan. - Claim allowed - AT Highlights Income Tax Thu, 09 Feb 2023 11:51:31 +0530 https://www.taxtmi.com/highlights?id=68196