https://www.taxtmi.com/caselaws?id=331523 The Tribunal ruled in favor of the assessee, holding that the actual use of property E-575A as an office should determine its classification for claiming deductions under Section 54F of the Income-tax Act, 1961. The disallowance of the deduction by the Assessing Officer and CIT(A) was overturned, directing the Assessing Officer to allow the claimed deduction under Section 54F. Consequently, the alternative claim for deduction under Section 54EC was dismissed as unnecessary. The appeal ITA No. 5474/Del/2014 was allowed, while ITA No. 2477/Del/2015 was dismissed. en-us Mon, 11 Jul 2016 00:00:00 +0530 Mon, 20 Apr 2026 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331523 The Tribunal ruled in favor of the assessee, holding that the actual use of property E-575A as an office should determine its classification for claiming deductions under Section 54F of the Income-tax Act, 1961. The disallowance of the deduction by the Assessing Officer and CIT(A) was overturned, directing the Assessing Officer to allow the claimed deduction under Section 54F. Consequently, the alternative claim for deduction under Section 54EC was dismissed as unnecessary. The appeal ITA No. 5474/Del/2014 was allowed, while ITA No. 2477/Del/2015 was dismissed. Case-Laws Income Tax Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331523