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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Eligibility of section 54F benefit - whether benefit will not be ...


Section 54F Tax Exemption Applies to Overseas Homes Purchased Before Amendment, Offering Relief to Taxpayers.

December 7, 2016

Case Laws     Income Tax     HC

Eligibility of section 54F benefit - whether benefit will not be available if the residential house is purchased or constructed by the assessee outside India? - benefit of section 54F before its amendment can be extended to a residential house purchased outside India. - HC

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