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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Deduction u/s 54 eligibility - Applicant was entitled to the ...


Applicant Qualifies for Section 54 Deduction: Invested Capital Gains in London Property Before 2014 Amendment.

January 20, 2018

Case Laws     Income Tax     AAR

Deduction u/s 54 eligibility - Applicant was entitled to the benefit provided by section 54, on account of his investment in a residential house in London, out of the capital gains arisen in India - prior to the prospective amendment made w.e.f 01.04.2015 by the Finance Act, 2014. - AAR

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