Bombay H.C : Acquisition of flats had been done independently but eventually they were a single unit and house for purpose of residence, claim under section 54 could not be denied

High Court Of Bombay CIT -21, Mumbai Vs. Devdas Naik Section 54 Assessment Year 2007-08 S.C. Dharmadhikari And B.P. Colabawalla, JJ. IT Appeal No. 2483 Of 2011 June 10, 2014 JUDGMENT 1. The Appeal questions the order passed by the Income Tax Appellate Tribunal confirming that of the Commissioner of Income Tax (Appeals). 2. The…

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