Section 54F deduction eligible on house property purchased in wife name

Dharamvir Singh Vs ITO (ITAT Jaipur)

Bench of this Tribunal in the case of Mahadev Balai Vs ITO in ITA No. 333/JP/2016 decided on 26/12/2016 and held that there is no impediment in the assessee’s claim for relief U/s 54F of the Act as the assessee had purchased the property in the name of his wife.

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