Tax Benefit available to Multiple Flats received under Joint Development Agreement even if Assessee already own a Residential House: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Bangalore bench has held that the Tax benefit under section 54F of the Income Tax Act is available to assessee in respect of multiple flats received under joint development agreement even if assessee already own a residential house. The assessee entered into a Joint Development Agreement (JDA) […]

The post Tax Benefit available to Multiple Flats received under Joint Development Agreement even if Assessee already own a Residential House: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.

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