Section 54 Deduction Denied: Sale Deed Lacks Reference to Residential Property Transfer or Construction, Claim Unsubstantiated.

Section 54 Deduction Denied: Sale Deed Lacks Reference to Residential Property Transfer or Construction, Claim Unsubstantiated. https://www.taxtmi.com/highlights?id=26290 Disallowance of deduction claimed u/s 54 - sale deed which is an important document for transfer of property and the basis of transfer of property u/s 2(47) does not contain any reference to sell / transfer of any residential house or construction - assessee failed to prove its case - AT en-us Mon, 07 Dec 2015 12:39:23 +0530 Mon, 07 Dec 2015 12:39:23 +0530 TaxTMI RSS Generator Section 54 Deduction Denied: Sale Deed Lacks Reference to Residential Property Transfer or Construction, Claim Unsubstantiated. https://www.taxtmi.com/highlights?id=26290 Disallowance of deduction claimed u/s 54 - sale deed which is an important document for transfer of property and the basis of transfer of property u/s 2(47) does not contain any reference to sell / transfer of any residential house or construction - assessee failed to prove its case - AT Highlights Income Tax Mon, 07 Dec 2015 12:39:23 +0530 https://www.taxtmi.com/highlights?id=26290