https://www.taxtmi.com/caselaws?id=790549 Section 54 deduction for construction of a residential house is available where a joint development agreement, construction bills and bank-channel expenditure substantiate reinvestment, even if approval papers, possession certificates or complete vouchers are unavailable. Substantial compliance with this beneficial provision prevents denial on a hyper-technical evidentiary basis. Deductions for eligible life insurance, health insurance and investment payments under sections 80C and 80D may be verified by the Assessing Officer when supporting records are produced at the appellate stage, with allowable relief granted after verification. en-us Wed, 15 Apr 2026 00:00:00 +0530 Mon, 27 Apr 2026 08:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790549 Section 54 deduction for construction of a residential house is available where a joint development agreement, construction bills and bank-channel expenditure substantiate reinvestment, even if approval papers, possession certificates or complete vouchers are unavailable. Substantial compliance with this beneficial provision prevents denial on a hyper-technical evidentiary basis. Deductions for eligible life insurance, health insurance and investment payments under sections 80C and 80D may be verified by the Assessing Officer when supporting records are produced at the appellate stage, with allowable relief granted after verification. Case-Laws Income Tax Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790549