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Income Tax - Highlights / Catch Notes

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Deduction u/s 54 - assessee has utilized other funds (apart from ...


Section 54 Deduction Valid Even with Additional Funds for Residential House Construction.

January 5, 2017

Case Laws     Income Tax     AT

Deduction u/s 54 - assessee has utilized other funds (apart from sale consideration) for constructing residential house and for this reason only he cannot be denied deduction u/s 54 - AT

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