Tax Deduction Denial u/s 54F Overturned; Evidence of House Construction Validates Claim Within Timeframe.

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Full Text of the Document

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....Deduction u/s 54F - dis-allowance on the ground that the construction of house was not completed within the stipulated period - once the assessee has produced the evidence in support of his claim of construction of new residential house and house was actually constructed as existed at the plot of land, then the claim of the assessee cannot be denied on mere suspicion or doubt.....