{"id":20781,"date":"2021-08-05T17:32:14","date_gmt":"2021-08-05T12:02:14","guid":{"rendered":"https:\/\/itatonline.org\/digest\/indraprastha-shelters-p-ltd-v-dcit-2021-187-itd-306-bang-trib\/"},"modified":"2022-06-07T20:18:59","modified_gmt":"2022-06-07T14:48:59","slug":"indraprastha-shelters-p-ltd-v-dcit-2021-187-itd-306-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/indraprastha-shelters-p-ltd-v-dcit-2021-187-itd-306-bang-trib\/","title":{"rendered":"Indraprastha Shelters (P.) Ltd. v. DCIT (2021) 187 ITD 306  \/212 TTJ 674\/ 202 DTR 434(Bang.)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal the Tribunal held that when a sum was taken to repay an earlier loan taken for construction of a property, interest paid on such loan was also deductible in computing deduction under section 24(b) if loan borrowed for the purpose of Constructing Commercial property. (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 24 : Income from house property-Deductions-Business of real estate-Interest-Amount borrowed for repayment of earlier loan-Allowable as deduction. [S. 22, 24(b)]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-20781","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5pb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=20781"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20781\/revisions"}],"predecessor-version":[{"id":27286,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20781\/revisions\/27286"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}