Exemption u/s 54F - Once it is demonstrated that the ...
High Court: Section 54F Income Tax Exemption Valid if Investment Intention in Residential Property is Demonstrated, Despite Incomplete Transactions.
June 18, 2016
Case Laws Income Tax HC
Exemption u/s 54F - Once it is demonstrated that the consideration received on transfer has been invested either in purchasing a residential house or in construction of a residential house even though the transactions are not complete in all respects and as requited under the law, that would not disentitle the assessee from the said benefit - HC
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