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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Exemption u/s 54F - LTCG - The moment a cheque has been issued ...

Case Laws     Income Tax

November 23, 2015

Exemption u/s 54F - LTCG - The moment a cheque has been issued by a person, in pursuance of a contract of purchase, in our view, it is utilization of funds, as there is a legal commitment by the assessee - deduction allowed - AT

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