Capital Gains - exemption u/s 54 -Even if the transfer is not ...
Capital gains case: Funds withdrawn from Deposit Account A can be added but exemption u/s 54 remains.
September 3, 2015
Case Laws Income Tax AT
Capital Gains - exemption u/s 54 -Even if the transfer is not as per law in the year of withdrawal from Deposit account A, it can be considered as amount withdrawn and not utilised and addition can be made as per law but in the present year, the exemption cannot be denied. - AT
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