Default in Home Loan can’t be a reason to deny Capital Gain Deduction: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has held that the default in home loan by the owner of the property cannot be a reason to disallow the capital gain deduction under section 54F of the Income Tax Act, 1961. The assessee claimed a deduction under section 54F of the Income Tax Act with […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3gyOnfL