AdvertisementMohammadanif Sultanali Pradhan Vs DCIT (ITAT Ahmedabad) The Ahmedabad Bench of the Income Tax Appellate Tribunal considered the assessee’s appeal against the order of the Commissioner of Income Tax (Appeals)-6, Ahmedabad for Assessment Year 2015-16, arising from an assessment completed under Section 143(3) of the Income Tax Act, 1961. The sole issue before the Tribunal was whether the assessee was entitled to exemption under Section 54F in respect of investment made in two adjoining residential bungalows. The assessee, an individual engaged in the business of letting out property on rent...