The Income Tax Appellate Tribunal (ITAT), Bangalore bench has asked the Assessing Officer to re-consider a claim for deduction under Section 54F of the Income Tax Act, 1961 where the anme of the wife was added as co-owner of the property due to vastu reasons. The assessee sold a site located at Anjanapura and earned […]
The post Wife added as Co-Owner of Property due to Vastu Reasons: ITAT asks AO to re-consider Deduction Claim [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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