Case Law Details
Case Name : Shri Dharamchand Bafna Vs ITO (ITAT Bangalore)
Related Assessment Year : 2013-14
Courts :
All ITAT ITAT Bangalore
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Shri Dharamchand Bafna Vs ITO (ITAT Bangalore)
The issue under consideration is whether deduction u/s 54 can be denied if assessee initially purchased land with a view to put up construction but later changed his mind and instead, purchased a residential house?
In the instant case, the deduction u/s.54 of the Act was denied to the Assessee, because the Assessee purchased a land with a view to put up construction on the same but did not do so instead purchased a residential
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.