ITAT allows Deduction u/s 54F as assessee didn’t own more than one Residential House [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench allowed the deduction under section 54F of the Income Tax Act, 1961 as assessee did not own more than one residential house. The assessee, Dr. Devika Gunasheela is an individual. She is a doctor by profession. The property measuring 3600 sq.ft. belonged to one Mr. M. Gunasheela, […]

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