More than one Property under Capital Gain could get Deduction u/s 54 of Income Tax Act: ITAT [Read Order]

More than one Property - Capital Gain - Deduction us 54 - Income Tax Act - ITAT

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that more than one property under the heads of capital gain would get a deduction Under Section 54 of Income Tax Act 1961. The fact of the matter is that,Assessee K.Gopalakrishnan is a non-resident and joint owner of a property along with…

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