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Case Law Details

Case Name : Mr. Abeezar Faizullabhoy Vs CIT (ITAT Mumbai)
Appeal Number : ITA No.4831/MUM/2019
Date of Judgement/Order : 01/09/2021
Related Assessment Year : 2015-16
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Mr. Abeezar Faizullabhoy Vs CIT (ITAT Mumbai)

An assessee shall be entitled to claim deduction of any interest payable on the capital borrowed by him for acquiring, constructing, repairing, renewing or reconstructing a property. Admittedly, the assessee had acquired the residential property in question way b

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