Exemption u/s. 54F - Since a house is called residential house ...
Section 54F Tax Exemption: Farmhouses Qualify as Residential Houses Based on Intended Use, Not Continuous Occupancy.
January 25, 2013
Case Laws Income Tax AT
Exemption u/s. 54F - Since a house is called residential house with reference to the purpose of its users, it may not be necessary that somebody should live in it continuously. It is enough if it was a house for residence. A farmhouse is also a residential house. - AT
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