Case Law Details
Case Name : Deena Asit Mehta Vs DCIT (ITAT Mumbai)
Appeal Number : ITA no.4449/Mum./2018
Date of Judgement/Order : 22/07/2020
Related Assessment Year : 2014-15
Courts :
All ITAT ITAT Mumbai
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Deena Asit Mehta Vs DCIT (ITAT Mumbai)
The issue under consideration is whether the netting off interest expenditure against interest income is allowed u/s 56 of Income Tax Act?
ITAT states that, though, similar disallowance
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