Interest on House Loan Deductible: ITAT allows Carry Forward of Loss of Rental Income Against “Other Income” [Read Order]

Interest on House Loan - Interest - House Loan - ITAT - Rental Income - Other Income - Income Tax - Tax - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has allowed the carry forward of loss of rental income against other income as the interest on house loan was deductible.  The assessee, Sameer Kishore Kotecha is an individual and filed his return and revised return of income after setting off and carrying forward of…

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Sameer Kishore Koticha vs Dy. Commissioner of Income Tax

Counsel for Appellant:   Shri Madhur Agarwal

Counsel for Respondent:   Shri Purnesh Gururani


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