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Income Tax - Highlights / Catch Notes

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Deduction u/s.54F - 5 properties which were purchased by the ...

Case Laws     Income Tax

May 24, 2017

Deduction u/s.54F - 5 properties which were purchased by the assessee by DRT auction wherein clubbed the same as one property - Assessee shall be granted with deduction u/s.54F as the investment in entire property to be considered as a single residential unit, since the consideration received from sale of capital asset was so invested. - AT

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