Deduction Denied: Ownership of Two Properties Disqualifies Assessee from Section 54F Benefits for Long-Term Capital Gains.

Deduction u/s. 54F - LTCG - Claim denied since the assesse was owning two house property - Assessee claimed that these properties are Farm House / Commercial property instead - assessee’s claim of agricultural activity and dairy activity is not substantiated with proof of evidence - Claim was rightly denied - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X