Held that the assessee is entitle to deduction only to extent of amount used for purchase of site and not for balance. (AY. 2014-15)
ITO v. Mujeeb Urrahman (2021) 90 ITR 68 (SN) (Bang.)(Trib.)
S. 54 : Capital gains-Profit on sale of property used for residence-Investing part of sale proceeds-Unable to construct of house due to litigation-Entitled to deduction only to extent of amount used for purchase of site and not for balance. [S. 45]