Assessee Can Claim Deduction for Four Residential Properties u/s 54, Including Multiple Flats in One Society.

Assessee Can Claim Deduction for Four Residential Properties u/s 54, Including Multiple Flats in One Society. https://www.taxtmi.com/highlights?id=47968 Deduction u/s 54 - Purchase of one residential property consisting 3 flats on different floor of the same society and 1 in different location - Accepting the interpretation of word ‘a’ as occurring in Section 54, the assessee would be eligible to claim deduction u/s 54 on all the four residential houses. en-us Wed, 17 Jul 2019 09:44:10 +0530 Wed, 17 Jul 2019 11:18:50 +0530 TaxTMI RSS Generator Assessee Can Claim Deduction for Four Residential Properties u/s 54, Including Multiple Flats in One Society. https://www.taxtmi.com/highlights?id=47968 Deduction u/s 54 - Purchase of one residential property consisting 3 flats on different floor of the same society and 1 in different location - Accepting the interpretation of word ‘a’ as occurring in Section 54, the assessee would be eligible to claim deduction u/s 54 on all the four residential houses. Highlights Income Tax Wed, 17 Jul 2019 09:44:10 +0530 https://www.taxtmi.com/highlights?id=47968