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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Treatment of LTCG u/s 54 - Assessee has paid the amount within ...


Assessee retains Section 54 deduction despite late occupancy certificate; timely payment ensures eligibility for tax benefit.

November 8, 2014

Case Laws     Income Tax     AT

Treatment of LTCG u/s 54 - Assessee has paid the amount within the time but Assessee got the occupancy certificate after three years - the Assessee is entitled for deduction u/s 54 - AT

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