ITO, CHENNAI vs. R.AISHWARYA, CHENNAI

In the result, the appeal of the Revenue stands dismissed

Bench: Shri Abraham P. George & Shri G. Pavan Kumarआयकर अपील सं./I.T.A. No. 1120/Mds/2016. "नधा"रण वष" /Assessment Year : 2011-2012. The Income Tax Officer, Vs. Smt. R. Aishwarya, Non Corporate Ward 3(1) No.18, Raghave Veera Avenue, Chennai Poes Garden, Chennai 600 086. [Pan Aevpa2044K] (अपीलाथ"/Appellant) (""यथ"/Respondent)

269/- ---------------------- Ld. Assessing Officer was of the opinion that interest of "63,98,540/- on the housing loan paid by the assessee, for the period starting from the date of purchase and ending on the date of sale of property could not be allowed as cost of acquisition/improvement. As per ld. Assessing Officer interest expenditure incurred during the period

SHRI T.N. RAJAMOHAN,CHENNAI vs. ACIT, CHENNAI