exemtion u/s 54 is not available for two adjacent houses which is modified to use it as a single unit
as earlier available in anand basappa case law
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section 54 of I.T. act
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There is no change in law......... but its interpertation is to be taken in true sense. When both the houses are purchased by assessee to use it as single unit......... the exemption should be available. If AO has not accepted the same, assessee can go for appeal.
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