Back to Articles
Tax & ComplianceLiveMint — Money

Can you claim Section 54 tax exemption for buying two residential flats? Here's what the ITAT ruling says

29 Aug 2026 · 29 Aug 2026

A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunal’s finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.

This article was aggregated from LiveMint — Money. Continue reading for the complete story.

Read on LiveMint — Money

More Articles

General

Skyways Logistics Growth Strategy: Air Cargo, Technology And India’s Manufacturing Boom

Skyways Air Services is eyeing strong growth as India’s manufacturing sector and e-commerce activity drive logistics demand. The company reported a 25% rise in income to ₹2,839 crore in FY26, while profit after tax jumped 32% to ₹63.5 crore. Yashpal Sharma, CMD, Skyways Air Services, says technology

Business Today

General

Jharkhand students to march to state assembly as talks with govt fails

Jharkhand students protest: The protesters will march peacefully from the Old Assembly Ground to the new Assembly building, with supporters from across Jharkhand extending moral support.

Business Today

General

#IndiaAt100 : Hisashi Takeuchi On Driving India’s Manufacturing Revolution

India’s ambition to become a global manufacturing powerhouse is accelerating, with the automobile industry at the centre of this transformation. In this #IndiaAt100 session, Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, discusses how manufacturing can drive India’s next phase of growth. From loca

Business Today

General

Dwarka Expressway property prices double in 7 years: How infrastructure turned NCR corridor into a wealth creator

Dwarka Expressway has emerged as one of NCR’s strongest-performing real estate corridors, with residential property prices nearly doubling over the past seven to eight years. Infrastructure upgrades, improved Delhi-Gurugram connectivity and rising premium housing demand have driven the corridor’s ra

Business Today