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Section 54 case law

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2016 If father who is eligible for section 54 exemption construct house on the plot owned by son...will the father be eligible to claim exemption...can anyone suggest any case laws in favour of this question..pls urgent

14 January 2016 NO, EXEMPTION IS AVAILABLE ONLY TO YOUR FATHER. LAND SHOULD IN THE NAME OF FATHER TO CLAIM U/S 54.

14 January 2016 Yes he wont be eligible for exemption

07 October 2021 Father can get the exemption, provided Son had legally permitted to construct the house property over his plot to his father.


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