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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Deduction u/s 54 or u/s 54F - it was not necessary that the ...


Tax Deductions u/ss 54/54F: Property Purchase Doesn't Require Registration for Eligibility.

February 10, 2015

Case Laws     Income Tax     AT

Deduction u/s 54 or u/s 54F - it was not necessary that the assessee should become owner of the property on only through registration, as the section speaks of “purchase” and registration of document was not imperative. - AT

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