High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — No Substantial Question of Law Arises from Tribunal's Order Allowing Deduction Under Section 54F of Income Tax Act, 1961. The court upheld the Tribunal's concurrent findings that the assessee had constructed a residential house within the prescribed period under Section 54F, and the Revenue failed to raise any substantial question of law.
2 Jul 2018The Revenue (Pr. Commissioner of Income Tax-4 and Income Tax Officer) filed an appeal under Section 260A of the Income Tax Act, 1961, against the orde...
