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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Eligibility to relief u/s. 54 - disallowance on the ground that ...

Case Laws     Income Tax

June 10, 2017

Eligibility to relief u/s. 54 - disallowance on the ground that payment for purchase of new house property has not been made within one year from the date of transfer of original asset - where the cheques issued by the assessee before filing of ITR but encashed by the builder belatedly, there is no fault on the part of assessee - exemption allowed - AT

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