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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Deduction u/s 54F - purchase of land with constructed shed ...


Purchase of Land with Shed Qualifies as Residential House for Section 54F Deduction Eligibility in Income Tax Case.

December 25, 2018

Case Laws     Income Tax     AT

Deduction u/s 54F - purchase of land with constructed shed measuring 100 sq.ft. of ACC sheet roofing and without electricity and water. - whether the Assessee can be said to have purchased “a residential house” - Held Yes

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