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Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Exemption u/s 54 - merely because either in the sale deed or in ...


Husband's Name in Deed Doesn't Grant Property Rights; Full 100% Deduction Allowed u/s 54 of Income Tax Act.

November 17, 2011

Case Laws     Income Tax     HC

Exemption u/s 54 - merely because either in the sale deed or in the bond her husband's name is also mentioned, in law he would not have any right. – assesse is entitled for 100% deduction... - HC

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