https://www.taxtmi.com/caselaws?id=404539 The Appellate Tribunal overturned the decision of the CIT(A) and allowed the deduction under section 54F of the Income-tax Act, 1961 for the assessment year 2015-16. The Tribunal held that the property received by the assessee, despite having different door numbers for different floors, constituted "one residential house" eligible for the deduction. The case was remanded to the Assessing Officer to grant the deduction in accordance with the Tribunal's ruling, resulting in a successful appeal for the assessee. en-us Wed, 24 Feb 2021 00:00:00 +0530 Thu, 25 Feb 2021 09:10:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404539 The Appellate Tribunal overturned the decision of the CIT(A) and allowed the deduction under section 54F of the Income-tax Act, 1961 for the assessment year 2015-16. The Tribunal held that the property received by the assessee, despite having different door numbers for different floors, constituted "one residential house" eligible for the deduction. The case was remanded to the Assessing Officer to grant the deduction in accordance with the Tribunal's ruling, resulting in a successful appeal for the assessee. Case-Laws Income Tax Wed, 24 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404539