Mumbai real estate market: Mahindra Lifespace said that the project named Mahindra Rainforest will have 2 and 3-BHK apartments
Section 54 tax exemption: Can seven adjoining flats merged as a single housing unit qualify for relief?
ITAT held that adjoining flats used as one unit qualify for Section 54 exemption, shifting from a strict “one house” rule to an approach based on actual usage
