https://www.taxtmi.com/caselaws?id=802402 Section 54F provides a deduction for qualifying investment in residential property, including a proportionate interest in properties jointly allotted to co-owners under a joint development agreement. Entitlement must be assessed individually for each co-owner. Different treatment of co-owners on the same material facts requires a distinguishing factual or legal basis. The deduction for a co-owner's proportionate interest is computed according to the statutory formula. en-us Fri, 16 Oct 2026 00:00:00 +0530 Thu, 05 Nov 2026 07:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802402 Section 54F provides a deduction for qualifying investment in residential property, including a proportionate interest in properties jointly allotted to co-owners under a joint development agreement. Entitlement must be assessed individually for each co-owner. Different treatment of co-owners on the same material facts requires a distinguishing factual or legal basis. The deduction for a co-owner's proportionate interest is computed according to the statutory formula. Case-Laws Income Tax Fri, 16 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802402