Possession of more than one house property cannot be a reason to deny deduction u/s 54F of the IT Act


Last updated: 24 July 2021

Court :
ITAT Hyderabad

Brief :
This Assessee’s appeal for A.Y. 2009-10 arises against the CIT(A) -1, Hyderabad’s order dated 28..02..2017 passed in case no. 229/2014-15, involving proceedings u/s 143(3) of the Income Tax Act, 1961 [ in short ‘the Act’]. Heard both the parties. Case file perused.

Citation :
I.T.A. No. 1096/Hyd./2017

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