https://www.taxtmi.com/caselaws?id=370168 The appeal was allowed regarding the denial of deduction under Sec.54 of the Income Tax Act. The court emphasized the significance of the timing of possession of the new residential property in determining eligibility for the deduction. The judgment highlighted the importance of factual circumstances and legal interpretations in assessing tax deductions under the Income Tax Act. en-us Fri, 09 Nov 2018 00:00:00 +0530 Mon, 12 Nov 2018 07:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370168 The appeal was allowed regarding the denial of deduction under Sec.54 of the Income Tax Act. The court emphasized the significance of the timing of possession of the new residential property in determining eligibility for the deduction. The judgment highlighted the importance of factual circumstances and legal interpretations in assessing tax deductions under the Income Tax Act. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370168