Exemption u/s 54B denied - capital gain from sale of agriculture ...

Exemption Denied: Section 54B Requires New Land to Be Registered in Assessee's Name, Not Spouse's.

August 7, 2017

Case Laws Income Tax HC

Exemption u/s 54B denied - capital gain from sale of agriculture land - investment in the new land made in the name of wife of the assessee - the new asset has to be in the name of the assessee himself. - HC

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Exemption u/s 54B denied - capital gain from sale of agriculture ...

Exemption Denied: Section 54B Requires New Land to Be Registered in Assessee's Name, Not Spouse's.

August 7, 2017

Case Laws Income Tax HC

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