This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Denial of deduction u/s. 54F by merely stating that constructed portion is small is unjustified
Case Law Details
- Case Name
- Girish Mohan Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Girish Mohan Vs ACIT (ITAT Delhi)
ITAT Delhi held that deduction under section 54F of the Income Tax Act cannot be denied merely alleging that proportion to the size of plot/ land the constructed portion is very small. As assessee submitted sufficient and all possible documentary evidence, the deduction u/s 54F is allowable.
Facts- The present appeal is preferred by the appellant contesting that CIT(A) has erred in upholding disallowance of deduction claimed under section 54F of the Income Tax Act. On the other hand, AO alleges that assessee is merely possessing a piece of lan...
Author Info
