News and WorldIndiaHeat 54
Woman's Rs 14.7 lakh home tax relief upheld by ITAT despite taxman's multiple-homes claim
AI QUICK TAKE
The Income Tax Department reopened a woman's assessment for 2015-16, alleging she wrongly claimed a Rs 14.70 lakh Section 54F deduction. The ITAT reportedly later gave her relief; the item is cut off, so the reasoning is unclear.
Timeline
- Times of India reports ITAT relief case