Section 54F relief: ITAT Hyderabad grants ₹2.80 cr tax break to NRI in rare case
Published on: April 4, 2026, 10:24 a.m. | Source: Business Today
In a notable ruling, ITAT Hyderabad allowed an NRI to claim ₹2.80 crore exemption under Section 54F despite the property being registered in his sister’s name. The tribunal emphasized beneficial ownership and funding trail over technical title ownership.
