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Income Tax - Highlights / Catch Notes

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Exemption u/s 54F - contiguous units - first floor is divided ...


Section 54F Deduction Allowed for Entire First Floor if Used for Self-Occupation, Despite Being Divided into Units.

January 20, 2016

Case Laws     Income Tax     AT

Exemption u/s 54F - contiguous units - first floor is divided into different residential units - In case, the assesse is using the entire first floor area for the purpose of her self-occupation then, AO is directed to allow the deduction in respect of entire first floor - AT

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