Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F

Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F. Term residential house include all amenities to make it habitable-ITAT ABCAUS Case Law Citation: ABCAUS 2489 (2018) 08 ITAT Important Case Laws Cited/relied upon by the parties: Mrs. Rahana Siraj Vs. CIT (2015) 58 taxmann.com 333 (Karnataka) Siva Rama Krishna Vs. DCIT in ITA No. 755/Hyd/2013 Tejraj Ranka Vs. ACIT in ITA No. 82/Bang/2014 The instant appeal was filed by assessee against the order of the CIT(A) in confirming the action of the Assessing Officer (AO) in not allowing the claim of deduction under section … Continue reading Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F