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<h1>Supreme Court Confirms House as Individual Property, Dismissing Appeal on Income Tax Assessment.</h1> The SC upheld the decision that the house is the individual property of the assessee, as confirmed by the Income-tax authorities and the HC. The property, ... - The Supreme Court held that the house in question is the individual property of the assessee, as confirmed by the Income-tax authorities and the High Court. The property was gifted to the assessee by his father and was considered his individual income. The appeal was dismissed.
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