The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has recently held that the tax benefit under section 54 of the Income Tax Act is allowable to an assessee on purchasing a new house in the name of his spouse even if he is already an owner of a property and is receiving income from house […]
The post Tax Benefit available for Property purchased in Wife’s Name: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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