https://www.taxtmi.com/caselaws?id=394874 The Tribunal upheld the disallowance of the assessee's claim under Section 54F of the Income Tax Act due to ownership of multiple residential properties, rejecting arguments regarding property condition and legal disputes. Additionally, the Tribunal affirmed the restriction on deductions for investments in multiple residential units, dismissing the appeal and confirming the levy of interest under Sections 234A and 234B as mandatory, in line with legal precedent. en-us Thu, 20 Feb 2020 00:00:00 +0530 Tue, 28 Apr 2020 16:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394874 The Tribunal upheld the disallowance of the assessee's claim under Section 54F of the Income Tax Act due to ownership of multiple residential properties, rejecting arguments regarding property condition and legal disputes. Additionally, the Tribunal affirmed the restriction on deductions for investments in multiple residential units, dismissing the appeal and confirming the levy of interest under Sections 234A and 234B as mandatory, in line with legal precedent. Case-Laws Income Tax Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394874