54F Case law query
This query is : Open
KS Srikant
(Querist)
21 December 2017
I am working in a firm where i am going thru a case where client is using 54F . He purchased land , started construction within 3 years, but could not complete. Is there any case law to support him as ITO is of the view of disallowing his exemption as he could not complete his construction.
21 December 2017
PCIT Vs. C.Gopalaswamy (2016) 384 ITR 307 (Kar)
KS Srikant
(Querist)
21 December 2017
Thank u Sir. is there any case law where the construction has not started because of genuine reasons?
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