Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the deduction under Section 54 can not be denied for non-completion of construction of a new residential house within 3 years. The assessee, Estate of Late Dr. S. Zakaulla Masood, Legal representative, Mr. Mohammed Aatif Masoo was a co-owner of a residential house. By a […]

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