October 2019

Section 54F Expenditure incurred by the assessee on remodelling, painting of the flat so that the same could be made habitable according to the standard of living of the assessee, forms part of cost of purchase and is admissible u/s 54F

Jagdish D. Shah | Jagdish T. Punjabi
Chartered Accountants

3. Nayana Kirit Parikh vs. ACIT (Mumbai) Members: Sandeep Gosain (J.M.) and Rajesh Kumar (A.M.) ITA No.: 2832/Mum/2013 A.Y.: 2009-10 Date of order: 25th June, 2019 Counsel for Assessee / Revenue: Rajen Damani / R.A. Dhyani


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