3 results for “house property”+ Section 54(2)clear
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In the result, the appeal is allowed for statistical purposes
2 AY: 2013-14 had sold one of the properties in assessment year 2011-12 and assessment year 2012-13. According to learned AR, the assessee had only invested in the property in the capacity of investor for the purpose of earning capital appreciation thereon. The intention of the assessee at the time of purchase of properties in the capacity