Deduction u/s 54 of the Income Tax Act is allowable for only one property
Last updated: 16 June 2021
Court :
ITAT Delhi
Brief :
These are three appeals for two Assessment years pertaining to one assessee, Mr. Valmik Thapar, a resident, Individual [Assessee]. Assessee filed ITA number 5767/Del/2015 for assessment year 2007 – 08 and ITA number 6346/Del/2014 for A Y 2010-11. Ld AO filed ITA number 6726/Del/2014 for AY 2010-11. All these appeals are on common issue and therefore, those are heard together and disposed of by this common order.
Assessment Year 2010-11
Citation :
ITA No. 5767/Del/2015
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Published in Income Tax
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