Deduction u/s 54F available on residential house irrespective of size of house used as residence or by whom it is being resided

Brief of the Case ITAT Jaipur held In the case of Seema Singh Beniwal vs. DCIT that there is no restriction that what percentage of the size of flat should be used for residential purposes under the Income Tax Act. It is clarified by the CBDT that purchase of plot of land is a part of residential house for claiming of deduction U/s 54F. The revenue itself has admitted that it is a habitable as a servant quarter, which in other words, was habitable for human being either servant or master or any employee. Facts of the Case The assessee is a Director of M/s Oriental Autotech Pvt. Ltd from which ...