No sec. 54F relief to hubby if new house was acquired by wife out of her housing loan: Delhi ITAT

No sec. 54F relief to hubby if new house was acquired by wife out of her housing loan: Delhi ITAT


Where assessee sold a plot of land and deposited sale proceeds in bank account maintained in joint name of assessee and his father and a new house property was purchased in name of his wife out of loan taken in name of wife in which assessee had joined only for repayment, assessee was not entitled to deduction under section 54F.

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One thought on “No sec. 54F relief to hubby if new house was acquired by wife out of her housing loan: Delhi ITAT

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