Nitin Gupta v. ITO (2021) 207 DTR 159 (SMC) (Delhi)(Trib.)

S. 24 : Income from house property-Deductions-Property tax and interest on loan-Mortgage interest statement-Allowable as deduction-Cash credits-Matter remanded. [S. 23,24(b), 68]

Held that the  Assessee  has paid the property tax through banking channel and filed the mortgage interest statement giving details of principal and interest, denial of deduction is not justified.  As regards the cash credit matter remanded to the file of the Assessing Officer. (AY. 2016-17)