Section 54 and 54f


This query is : Resolved 

(Querist)
12 June 2014 whether deduction u/s 54 and 54f is restricted to single house property.
Judgement of Supreme court or (MP High court if any).

13 June 2014 you may refer

K. G. Vyas, 16 ITD 195 (Bom. Trib.). Kodandas Chanchomal, 155 ITR 273 (Guj.).

Rohit Jain (Querist)
13 June 2014 Sir,
Can u pls give the case law of MP high court or supreme court.
As assessing officer was not conveys

13 June 2014 well I shared what I had. Leaving the query open for others to comment

15 June 2014 Refer the following:

Supreme Court decision

CIT v. Sun Engineering Works Pvt. Ltd. (198 ITR 297)

Karnataka High Court Decision

CIT v. K.G. Rukminiamma (331 ITR 211), CIT v. D. Anand Basappa (309 ITR 329)





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