SMT.MITHRA PAUL,MUVATTUPUZHA vs. THE ITO,WD-1, THODUPUZHA
In the result, the appeal filed by the assessee is allowed
ITA 421/COCH/2019[2014-15]Status: DisposedITAT Cochin20 Sept 2019AY 2014-15
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
Section 115BSection 143(3)Section 153Section 263Section 44ASection 69B
92,650
From Sri. Muralidharan 90,000
1,82,650
The income from house property would work out as follows:
Rental Income 1,82,650
30% Standard Deduction 54,795
1,27,855
Less: Interest on loan taken for the house property from ICICl Bank 7,97,115
Income (-) 6,69,260
Since the net income from the house property
