Case Law Details
Case Name : K.C. Kaushik Vs P.B. Rane (Bombay High Court)
Appeal Number : 1990 (3) Bom CR 160, 1990 185 ITR 499 Bom
Date of Judgement/Order : 02/04/1990
Related Assessment Year :
Courts :
All High Courts Bombay High Court
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Where more than one residential house is purchased out of the sale proceeds of one residential house, exemption u/s 54 can be claimed only in respect of one house, provided the other conditions of Sec 54 are satisfied. [K.C. Kaushik v ITO 185 ITR 499 (Bom.)(1990)].
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Bombay High Court
K.C. Kaushik
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