https://www.taxtmi.com/caselaws?id=67639 The Tribunal ruled in favor of the appellant, allowing the deduction under section 54 of the IT Act for the purchase of a flat, including the terrace space, as it was deemed an integral and indivisible part of the flat acquired on the same date. The decision emphasized the exclusive use of the terrace by the flat owner, leading to the allowance of the claimed deduction in full, rejecting the AO's disallowance based on section 154. en-us Thu, 24 Feb 2000 00:00:00 +0530 Sat, 12 Mar 2011 10:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67639 The Tribunal ruled in favor of the appellant, allowing the deduction under section 54 of the IT Act for the purchase of a flat, including the terrace space, as it was deemed an integral and indivisible part of the flat acquired on the same date. The decision emphasized the exclusive use of the terrace by the flat owner, leading to the allowance of the claimed deduction in full, rejecting the AO's disallowance based on section 154. Case-Laws Income Tax Thu, 24 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67639