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2022 (7) TMI 161 - ITAT CUTTACKExemption u/s 54F - Proof of acquiring single unit - determination of separate independent unit - HELD THAT:- Admittedly, the physical verification report, remand report clearly show that the assessee has acquired Flat Nos.201 & 202 as a single unit and Flat No.301 on the upper stair is not connected to Flat No.201 & 202 owned by the assessee. Consequently, as the assessee has constructed one residential house being the combination of both Flat Nos.201 & 202, the assessee is entitled to the benefit of exemption u/s.54F of the Act in respect of Flat Nos.201 & 202 to be considered as one. The assessee is not entitled to the benefit of exemption u/s. 54F of the Act in respect of Flat No.301. Appeal of the assessee is partly allowed for statistical purposes.
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