Five independent flats treated as single unit u/s 54F – the ...

High Court rules five flats as one unit for tax u/s 54F of Income Tax Act.

August 30, 2014

Case Laws Income Tax HC

Five independent flats treated as single unit u/s 54F – the built up area got translated into five flats - the transaction was not with regard to the number of flats but with regard to the percentage of the built up area, vis-a-vis, the Undivided Share of Land - property should be assessed as one unit - HC

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Five independent flats treated as single unit u/s 54F – the ...

High Court rules five flats as one unit for tax u/s 54F of Income Tax Act.

August 30, 2014

Case Laws Income Tax HC

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