Held that since assessee before the lower authorities did not furnish any details regarding interest-bearing fund flow utilised for acquiring properties with supporting documents, in the larger interest of justice, the matter was remanded to the file of the Assessing Officer for verification. (AY. 2014-15)
Pankaj Enterprises. v. DCIT (2025) 214 ITD 702 (Mum) (Trib.)
S. 24: Income from house property-Deductions-Interest deduction on loans taken for rental properties-Matter remanded to the Assessing Officer for verification. [S. 22]
Leave a Reply