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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Exemption u/s. 54 - new property purchased was in the name of ...


Full Exemption u/s 54 Granted for Joint Property Purchase; Assessee Paid Entire Consideration Despite Joint Registration.

May 1, 2017

Case Laws     Income Tax     AT

Exemption u/s. 54 - new property purchased was in the name of two persons namely the assessee and his brother - 100% consideration paid by the assessee - full exemption allowed to assessee - AT

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