54F exemption on construction above the existing house
This query is : Resolved
19 March 2024
Can we claim exemption u/s 54F when the first floor is constructed above the existing house ?
if yes does this require registration as a separate house ?
is there any case law or notification or law which exclusively allows this. ?
request the learned ones to answer this on point
if yes does this require registration as a separate house ?
is there any case law or notification or law which exclusively allows this. ?
request the learned ones to answer this on point
19 March 2024
See the link for case law.
https://abcaus.in/income-tax/section-54f-deduction-for-construction-of-additional-floor-in-existing-building-allowed.html
https://abcaus.in/income-tax/section-54f-deduction-for-construction-of-additional-floor-in-existing-building-allowed.html
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