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Tag: ITAT

Is it possible to receive a Section 54 tax exemption for purchasing two residential apartments? Here’s the ITAT ruling.

Is it possible to receive a Section 54 tax exemption for purchasing two residential apartments? Here's the ITAT ruling.

Tax Exemption Under Section 54 for Two Flats: Insights from ITAT Ruling Is it possible to claim tax exemption under Section 54 when the investment concerns two flats? A recent ruling by the Mumbai Income Tax Appellate Tribunal (ITAT) sheds light on this matter. The Tribunal determined that two adjacent flats, which were legally and […]

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