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![Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Interest-on-loan-loan-Interest-work-in-progress-deduction-ITAT-Taxscan.jpg "Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]")
Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal( ITAT ) has held that Interest on the loan of the leased portion of a building cannot be...
![No Error in Deduction of Interest on Loan: ITAT quashes Revision Order passed by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/deduction-of-interest-on-loan-ITAT-Revision-Order-PCIT-taxscan-interest-on-loan.jpg "No Error in Deduction of Interest on Loan: ITAT quashes Revision Order passed by PCIT [Read Order]")
![Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Loan-Taxscan.jpg "Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]")
![SC confirms Income Tax Deduction of Interest on Loans taken for Setting up the Industry [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "SC confirms Income Tax Deduction of Interest on Loans taken for Setting up the Industry [Read Order]")