https://www.taxtmi.com/caselaws?id=378849 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the facts regarding an exemption claim under Section 54 of the Income Tax Act. The Tribunal emphasized that adjacent flats could be considered a single residential unit for exemption purposes if intended for combined use, highlighting the significance of the assessee's intention and actual use of the property in determining eligibility for exemption. The case was remanded for further verification and examination of whether the two flats were genuinely intended to be used as a single residential house. en-us Wed, 03 Apr 2019 00:00:00 +0530 Tue, 23 Apr 2019 08:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378849 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the facts regarding an exemption claim under Section 54 of the Income Tax Act. The Tribunal emphasized that adjacent flats could be considered a single residential unit for exemption purposes if intended for combined use, highlighting the significance of the assessee's intention and actual use of the property in determining eligibility for exemption. The case was remanded for further verification and examination of whether the two flats were genuinely intended to be used as a single residential house. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378849