Assessee with multiple houses denied Section 54F exemption; deemed owner for tax purposes.

Assessee with multiple houses denied Section 54F exemption; deemed owner for tax purposes. https://www.taxtmi.com/highlights?id=50302 Deduction u/s 54F - assessee is having more than one house - for all practical purposes, the assessee is the owner of the said houses, and therefore, is not entitled to claim exemption u/s.54F - the exemption u/s.54F has been rightly denied by the AO. en-us Wed, 20 Nov 2019 11:13:47 +0530 Wed, 20 Nov 2019 11:13:47 +0530 TaxTMI RSS Generator Assessee with multiple houses denied Section 54F exemption; deemed owner for tax purposes. https://www.taxtmi.com/highlights?id=50302 Deduction u/s 54F - assessee is having more than one house - for all practical purposes, the assessee is the owner of the said houses, and therefore, is not entitled to claim exemption u/s.54F - the exemption u/s.54F has been rightly denied by the AO. Highlights Income Tax Wed, 20 Nov 2019 11:13:47 +0530 https://www.taxtmi.com/highlights?id=50302