Shri Ravi Shankar Dubey vs. Dy.C.I.T., Range-3, Lucknow

Parties Involved

Facts Summary

The appeal was filed by the assessee against the appellate order dated 02/06/2023 of the Commissioner of Income Tax (Appeals). The grounds of appeal included the rejection of the claim made under section 24 of the I.T. Act, 1961 regarding borrowed capital for the purchase of house property, the addition under the head 'income from house property' in respect of the same property, and the failure of the CIT(A) to consider the material placed by the appellant. During the hearing, it was revealed that a separate appeal had already been filed by the assessee against the same order, rendering this appeal superfluous.…

Legal Issues

• 1. Rejection of claim made u/s 24 of the I.T. Act, 1961 in respect of borrowed capital for the purpose of purchase of house property
• 2. Addition under the head 'income from house property' in respect of the same property
• 3. Failure of the CIT(A) to consider the material placed by the appellant

Judgment Outcome

Decided in favour of Assessee.

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