Skip to content

Tax in India

ॐ असतो मा सद्गमय

Posted on October 12, 2017February 27, 2018 by abhishek

Interest paid on interest levied by bank, because of non-payment of instalments of borrowed capital to bank, does not qualify for an admissible deduction Of interest on housing loan

Naman Kumar [2014] 41 taxmann.com 10 (Punjab & Haryana) 21-12-2013

CategoriesIncome from House Property, Income Tax, Interest Deduction u/s 24(b) TagsP&H

Post navigation

Previous PostPrevious INTEREST ON MONEY BORROWED FOR HOUSE PROPERTY IS TO BE ALLOWED ONLY IN RESPECT OF FIRST OR SECOND LOAN AND NOT FOR ANY SUBSEQUENT LOAN
Next PostNext Assessee is entitled to deduction of interest payable by him on capital charge only and not additional interest

Recent Posts

  • Supply of electrical accessories to space center not entitled to exemption
  • PAN and TAN may now also be obtained online
  • There is no presumption that witnesses appearing for an assessee come forward to give false evidence to oblige the assessee
  • Whether e way bill is applicable for intra state movement of goods on Job Work in the state of Punjab from Ist February 2018?
  • I-T department attaches actor Sharukh Khan’s farm house in Alibaug terming it as benami property

Archives

  • July 2018
  • February 2018
  • November 2017
  • October 2017
  • September 2017
  • August 2017

Categories

  • 15G/15H
  • Accounts under GST
  • Administration under GST
  • Advance Ruling under GST
  • Agricultural Income
  • Agricultural Land
  • Amalgamation and Demerger
  • Amendmned and Cancellation of Registration
  • AOP
  • Appeals (Income Tax)
  • Appeals and Revisions under GST
  • Appeals and Revisions under Income Tax
  • Articles (GST)
  • Assessment of Non filers of returns
  • Assessment of unregistered Persons
  • Assessment under GST
  • Assessment under Income Tax
  • Attachment
  • Audit and Accounts
  • Audit under GST
  • Baddebts
  • Benami Property
  • Best Judgement Assessment
  • Business Income
  • Capital Gains
  • Capital gains Basic Concepts
  • Casual Traders Registration
  • Change in rate of Tax
  • Circulars and Notifications (Income Tax)
  • CIT A
  • Compensation Cess
  • Composite and Mixed Supply
  • Composition Levy
  • Compulsory Registration
  • Concepts
  • Conditions for availing ITC
  • Construction
  • Construction Service under GST
  • Consumer Welfare Fund
  • Corporate Taxation
  • Corpus Donation
  • Credit Note
  • Debit Note
  • Delivery Challan
  • Demand and Recovery under GST
  • Depreciation
  • Depreciation on Trust Property
  • Diversion of Income
  • Double Avoidance Taxation Agreements
  • Drugs and Pharmaceuticals
  • E Way Bill
  • E-Commerce transactions
  • Exempted Goods
  • Exemption for Services
  • Exemption under GST
  • Exemptions and Deductions
  • Expenditure Against Exempt Income ,14A, Exempt Expenditure
  • Explanation
  • Export under GST
  • Exports
  • Exports
  • Firms
  • Food Processing
  • Free Trade Zones
  • Gems and Jewellery
  • General
  • Gifts
  • Government Institutions under GST
  • GP Ratio
  • GST
  • GST on Services
  • GTA
  • HSN Classification
  • HUF
  • Import under GST
  • Income based Deductions under Chapter VI-A
  • Income Computation and Disclosure Standards
  • Income from House Property
  • Income Tax
  • Input Service Distributor
  • Input Tax Credit
  • Inquiry u/s 133(6)
  • Inspection, Search and seizure under GST
  • Inter Trust Charity
  • Interest Deduction u/s 24(b)
  • Interest on Borrowed capital u/s 36(1)(iii)
  • Interest on Delayed Refunds
  • International Taxation
  • Intimation U/S 143(1)
  • Investigation under Income Tax
  • Invoice
  • IT and ITES
  • ITAT
  • ITAT AMRITSAR
  • Job Work
  • Job Work
  • Liability to pay in special cases
  • LUT/Bond
  • Mining
  • Monatary Limit
  • MSME
  • Non Consideration of argument
  • Non resident taxable person
  • Offences and Penalties under GST
  • OIDAR Services
  • PAN
  • PAN AND TAN
  • Payment of GST
  • Penal Interest
  • Penalty Limitation
  • Penalty under Income Tax
  • Penalty-General
  • Place of Supply under GST
  • Powers u/s 131
  • Presumptive Taxation
  • Prosecution
  • Protective Assessment
  • Provisional Assessment
  • Real Estate Taxation
  • Reason to believe
  • Reassessment
  • Refund in certain cases
  • Refunds
  • Refunds under GST
  • Registration
  • Registration of Trust
  • Regular Assessment u/s 143
  • Remission of Expense, Cessation of Liability
  • Return of Income
  • Returns under GST
  • Reverse Charge
  • Reverse Charge on Supplies from Unregistered Person
  • Revised return
  • Salary
  • Salary Exemptions
  • Scrutiny of Returns
  • Sector Wise GST
  • Services under GST
  • SEZ Supplies
  • Shares Taxation
  • Short Term Capital Gain u/s 50
  • Stock Register
  • Summary Assessment in Special cases
  • Supply
  • Supply by Vouchers
  • Supreme Court
  • Survey and Search under Income Tax
  • Tax Invoice
  • Tax Jurisprudence
  • Tax Jurisprudence
  • Tax payer Information
  • Taxation of Employee Benefit Schemes
  • Taxation of Entities
  • TCS
  • TDS
  • TDS Contracts
  • TDS General
  • TDS Interest
  • TDS Non Salary
  • TDS on Sale of IP
  • TDS Procedure
  • TDS Return
  • TDS Salary
  • TDS without PAN
  • Textiles
  • Time of Supply
  • Time of Supply for Goods
  • Time of Supply for Goods on Reverse Charge
  • Time of Supply for Services
  • Time of Suuply for Services on Reverse Charge
  • Transitional Provisions under GST
  • Trust
  • Uncategorized
  • Utilization of Fund
  • Value of Supply
  • Voluntary Registration
  • Zero Rated Supplies

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Proudly powered by WordPress