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2021 (12) TMI 800 - AT - Income TaxExemption u/s 54F - investment made in the constructed area comprising of multiple residential flats (more than one in number), which was received by the assessee - AO restricted the exemption u/s. 54F claimed only to the extent of investment in one residential flat and denied on the other residential flats - HELD THAT:- Issue decided in KONDAL RAO VADDEPALLY, SUDARSHAN RAO INENI, VADDEPALLY DAMODAR RAO [2021 (12) TMI 730 - ITAT HYDERABAD] as held that assessee is eligible to claim deduction u/s 54F of the Act in more than one house. - Decided in favour of assessee.
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