2 Apartments in Same Building is 1 Residential Unit, to Compute Capital Gain Deduction: Karnataka HC [Read Judgment]

The High Court of Karnataka, while quashing the ITAT held that assessee entitled to the benefit of exemption under Section 54F(1) of the Income Tax Act, 1961 as the assessee owns two apartments of 500 square feet in the same building and it has to be treated as one residential unit. The assessee, Navin Jolly […]

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