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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

LTCG - Deduction u/s 54F claimed by the Trust assesseed u/s 161 ...


Trust Claims Section 54F Deduction for Sole Beneficiary, Exemption Allowed Under Income Tax Act Section 161.

May 6, 2017

Case Laws     Income Tax     AT

LTCG - Deduction u/s 54F claimed by the Trust assesseed u/s 161 on behalf of beneficiary - only by virtue of u/s. 161 that the trust has been assessed for the income that is for benefit of sole beneficiary - Exemption u/s 54F allowed to trust - AT

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