Section 54F: Tax Deduction Valid Even if Property Construction Incomplete, No Need for Occupation or Registration.

Section 54F: Tax Deduction Valid Even if Property Construction Incomplete, No Need for Occupation or Registration. https://www.taxtmi.com/highlights?id=23453 Deduction u/s. 54F - construction of residential property - payment made to builder - construction was not complete in respect - No condition that it should be occupied within the stipulated period - there is no requirement regarding registration and valid title, as a condition for availing exemption u/s. 54F(1) - AT en-us Tue, 23 Jun 2015 09:56:56 +0530 Tue, 23 Jun 2015 09:56:56 +0530 TaxTMI RSS Generator Section 54F: Tax Deduction Valid Even if Property Construction Incomplete, No Need for Occupation or Registration. https://www.taxtmi.com/highlights?id=23453 Deduction u/s. 54F - construction of residential property - payment made to builder - construction was not complete in respect - No condition that it should be occupied within the stipulated period - there is no requirement regarding registration and valid title, as a condition for availing exemption u/s. 54F(1) - AT Highlights Income Tax Tue, 23 Jun 2015 09:56:56 +0530 https://www.taxtmi.com/highlights?id=23453