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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Exemption under section 54 - residential house was habitable or ...


Exemption u/s 54: Challenges in Assessing Habitability of a Residential House Built in 2009 for Tax Purposes.

March 7, 2015

Case Laws     Income Tax     AT

Exemption under section 54 - residential house was habitable or not - At this point of time i.e. 5 years after the construction in 2009, it would not be possible to verify the condition of the building or whether it was inhabitable at that point in time - AT

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