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Exemption u/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 October 2013 I had claimed exemption u/s 54 for construction of first floor as separate unit in existing house in which i am residing. i am also using this floor for my residence, it is right claim, and is there any reference cases
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
08 October 2013 The Exemption can be claimed only when a New Residential Property Purchased/Constructed...

Citation : Mrs. Meera Jacob Vs. ITO {Kerala}

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