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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Exemption u/s 54F - merely because the property is not suitable ...


Section 54F Exemption Upheld: Property Suitability or Material Storage Not Grounds for Denial.

January 3, 2014

Case Laws     Income Tax     HC

Exemption u/s 54F - merely because the property is not suitable to the assessee and construction material are kept there, is not a ground to deny exemption under Section 54F of the Act - HC

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