Revision u/s 263 - claim of exemption u/s.54F - The expenses are ...

Section 263 Revision Overturned: Essential Expenses for Habitable Flat Justify Exemption Claim u/s 54F.

November 20, 2019

Case Laws Income Tax AT

Revision u/s 263 - claim of exemption u/s.54F - The expenses are necessary to suitably live in that particular flat. These expenses are necessary for habitation in that particular flat. They do not pertain to any decoration item rather they are all essential to make a flat fit for living. - Exemption was rightly allowed - Revision order is not correct.

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Revision u/s 263 - claim of exemption u/s.54F - The expenses are ...

Section 263 Revision Overturned: Essential Expenses for Habitable Flat Justify Exemption Claim u/s 54F.

November 20, 2019

Case Laws Income Tax AT

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