Denial of exemption u/s. 54F - assessee can not denied the ...
Case Laws Income Tax
December 3, 2015
Denial of exemption u/s. 54F - assessee can not denied the deduction u/s. 54F in the year under consideration even if the asset stands sold subsequently - it will be chargeable under the head ‘Capital Gains’ relating to long term capital assets of the previous year in which such new asset is transferred - AT
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