https://www.taxtmi.com/caselaws?id=353063 The Tribunal dismissed the appeal, upholding the disallowance of the deduction for the second flat under Section 54 of the Income Tax Act. The Tribunal held that the assessee could only claim the deduction for one residential house, as clarified by the amendment to Section 54(1) by the Finance Act, 2014. The appeal was dismissed on December 11, 2017. en-us Mon, 11 Dec 2017 00:00:00 +0530 Wed, 27 Dec 2017 09:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353063 The Tribunal dismissed the appeal, upholding the disallowance of the deduction for the second flat under Section 54 of the Income Tax Act. The Tribunal held that the assessee could only claim the deduction for one residential house, as clarified by the amendment to Section 54(1) by the Finance Act, 2014. The appeal was dismissed on December 11, 2017. Case-Laws Income Tax Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353063