Denial of deduction u/s. 54F by merely stating that constructed portion is small is unjustified

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 land without any con...