Case Law Details
Case Name : Surajkumar & Sons Vs ITO (ITAT Mumbai)
Appeal Number : ITA No. 258/Mum/2019
Date of Judgement/Order : 20/07/2023
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Mumbai
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Surajkumar & Sons Vs ITO (ITAT Mumbai)
ITAT Mumbai held that the assessee not entitled to deduction u/s 48(i) of the Act for repayment of the mortgage debt which was incurred subsequent to the acquisition of the property and not for the purpose of acquisition.
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