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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Claim of exemption u/s 54F - as per AO advance payment made for ...


Exemption Granted: Advance Payment for Residential Flat Recognized as Investment u/s 54F of Income Tax Act.

June 3, 2014

Case Laws     Income Tax     AT

Claim of exemption u/s 54F - as per AO advance payment made for the purchase of residential flat has not been treated as investment/utilization of the capital gain in the purchase of a residential house - exemption allowed - AT

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