https://www.taxtmi.com/highlights?id=63786 LTCG - Rejection of deduction claimed u/s 54F - Deduction u/s 54F of the Act only induces an assessee to make investment in residential house property. If the assessee has herein has given money for acquisition of the property either directly to the builder or as reimbursement to her husband, then the assessee should be given benefit of deduction u/s 54F of the Act for the cost of acquisition.- AT en-us Tue, 31 May 2022 07:36:28 +0530 Tue, 31 May 2022 07:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63786 LTCG - Rejection of deduction claimed u/s 54F - Deduction u/s 54F of the Act only induces an assessee to make investment in residential house property. If the assessee has herein has given money for acquisition of the property either directly to the builder or as reimbursement to her husband, then the assessee should be given benefit of deduction u/s 54F of the Act for the cost of acquisition.- AT Highlights Income Tax Tue, 31 May 2022 07:36:28 +0530 https://www.taxtmi.com/highlights?id=63786