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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Deduction u/s.54 - Joint ownership in property - assessee was ...


Assessee with 50% joint property ownership eligible for Section 54 deduction despite no reported house property income.

August 29, 2013

Case Laws     Income Tax     AT

Deduction u/s.54 - Joint ownership in property - assessee was owner of 50% - exemption cannot be denied to the assessee on the ground that assessee did not show any income chargeable under the head income from house property - AT

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