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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Deduction u/s 54F - ssessee owned more than one residential ...


Tax Deduction Denied: Assessee Ineligible for Section 54F Due to Multiple Residential Properties Ownership.

April 28, 2020

Case Laws     Income Tax     AT

Deduction u/s 54F - ssessee owned more than one residential property - the documents forming part of the APB clearly reveals beyond any scope of doubt that the assessee during the year under consideration was the owner of the residential house/Bungalow - Deduction was rightly denied.

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