Easy Office
LCI Learning

Section 54 case law

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 January 2016 If father who is eligible for section 54 exemption construct house on the plot owned by son...will the father be eligible to claim exemption...can anyone suggest any case laws in favour of this question..pls urgent
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
14 January 2016 NO, EXEMPTION IS AVAILABLE ONLY TO YOUR FATHER. LAND SHOULD IN THE NAME OF FATHER TO CLAIM U/S 54.
Profile Image

SANYAM ARORA

Profile Image

SANYAM ARORA (Expert)
14 January 2016 Yes he wont be eligible for exemption
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
07 October 2021 Father can get the exemption, provided Son had legally permitted to construct the house property over his plot to his father.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links