64 results for “house property”+ Section 23(1)(a)clear
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In the result these appeals by the assessee and revenue stand allowed for statistical purposes
Bench: Shri Shamim Yahya & Shri Ram Lal Negi..
property. Thus, the same is in terms of the regular business of the Appellant society of providing credit facility to its members and the income from interest is duly exempt. 12) It is submitted that income of Rs. 10,74,65,925.00 as interest on investment made in various co-operative banks is ancillary and incidental to carrying