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Mumbai ITAT allowed sec. 24 deduction to trust while computing income from house property

January 24, 2020[2020] 113 262 (Mumbai - Trib.)/[2020] 180 ITD 735 (Mumbai - Trib.)

INCOME TAX: Assessee-trust would be entitled for deduction under section 24 in computation of income from house property

INCOME TAX: Where Commissioner (Appeals) upheld order of Assessing Officer that unutilized amount of assessee-trust was taxable under section 11(3) as deemed income of assessee only on ground that any specified unavoidable circumstances was not on record against such order, matter was to be remanded
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