Consequently, the Rs 20 lakh loan amount was added to Mr. Sanghvi’s income as unexplained credit, and the corresponding interest deduction of Rs 3,66,041 was also disallowed. The assessee’s counsel ...

The CFPB has announced that Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2024 are now available on the Federal Financial Institutions Examination Council’s ...