Saturday, June 27, 2020

No denial of Sec. 54F relief if new house was used for commercial purpose though sanctioned for residential purpose

INCOME TAX : Assessee's claim for deduction under section 54F(1) was to be allowed where two apartments owned by him even though had been sanctioned for residential purpose, yet same were infact being used for commercial purpose as service apartments

from www.taxmann.com Latest Case Laws https://ift.tt/385oHnm
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