In assessement year the assessee claimed interest payment for housing loan amounting Rs.150000/- in the return of income as deduction u/s 24 for let out property whreas he has paid payment of interest more than 150000 to bank for let out property. later on the assessee has not filed any revised return. in the same assessement year the case was subject matter of scrutiny. During scrutiny the assessee produced evidence for payment of interest before the assessing officer. whether it can be allowed during the assessment year. If not allowed what is the recourse of action to claim. the omission of interest as prescribed u/s 24 of the Income tax act 1961.
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