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Joint Homeowners' Section 54 Tax Deduction Limited Due to Equal Ownership Share: Assessee's Claim Adjusted by Officer.

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....Deduction claimed u/s 54 - oint owners of the house property having 50% right, title and interest over the property - Since the assessee and her son have jointly invested the house property and are the joint owners of the house property having 50% right, title and interest over the property, the Assessing Officer is, therefore, correct in restricting the claim of the assessee u/s 54 by making an addition to the total income of the assessee.- AT....

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Joint Homeowners' Section 54 Tax Deduction Limited Due to Equal Ownership Share: Assessee's Claim Adjusted by Officer.