
Builder’s error in allotting flat will not impact tax benefit claim, rules ITAT – Times of India
MUMBAI: In a peculiar case dealt with by the Income-tax Appellate Tribunal (ITAT), Mumbai bench, a taxpayer Mukesh Harilal Mehta had claimed section 54 deduction in his Income-tax (I-T) return for the financial year 2014-15. The tax tribunal held that this claim cannot be denied owing to a mistake committed by the builder in allocating…