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1 - 7 of 7 (3.55 seconds)Section 54 in The Income Tax Act, 1961 [Entire Act]
Acit, Circle-7(1), Hyderabad, ... vs K Gopal Raj, Hyd, Hyderabad on 15 February, 2019
8. Now I discuss and examine the applicability of the Tribunal order of Chennai
Bench of the Tribunal rendered in the case of ACIT Vs. T.N. Gopal (supra).
Regarding this Tribunal order, it is seen that in that case, there was no
purchase of any new residential house and the assessee merely
constructed additional floor on his existing house property. Whereas in the
ITA No.138/Bang/2019
Page 8 of 8
present case, new house was purchased and the construction of additional
floors was on such new house purchased by the assessee and this new
house building purchased by the assessee has been accepted as eligible
for deduction u/s. 54F. Hence in my considered opinion, this Tribunal order
is not applicable in the facts of present case.
Section 154 in The Income Tax Act, 1961 [Entire Act]
Section 155 in The Income Tax Act, 1961 [Entire Act]
B.B. Sarkar vs Commissioner Of Income-Tax on 5 May, 1981
6. Now I reproduce para 6 of the judgment of Hon'ble Calcutta High Court
rendered in the case of B.B. Sarkar vs. CIT (supra) from pages 73 and 74 of
the paper book. This para reads as under.
Section 89 in The Code of Civil Procedure, 1908 [Entire Act]
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