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2017 (8) TMI 22 - AT - Income TaxDeduction under section 54 - investment in more than one property - Held that:- It is apparent that assessee has purchased more than one house property and claimed deduction under section 54 of the income tax act with respect to 2 house properties. The Hon‘ble Delhi High Court in case of CIT versus Geeta Dugal [2013 (3) TMI 101 - DELHI HIGH COURT] has already held that deduction under section 54 is available with respect to more than one properties and decided the issue wherein the properties were purchased by the assessee at two different places on in Jhor Bag and another at Sonipat Thus Assessee is entitled for deduction under section 54 of the act with respect to both the properties - Decided in favour of assessee.
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