Exemption deduction u/s.54F - Merely not keeping the amount in ...

Section 54F exemption under Income Tax Act valid even if capital gains are in regular account, if used timely.

January 25, 2018

Case Laws Income Tax AT

Exemption deduction u/s.54F - Merely not keeping the amount in capital gain tax and keeping the same in the bank account and utilizing the same within the statuary period will not disentitle the assessee for claim of deduction u/s.54F. - AT

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Exemption deduction u/s.54F - Merely not keeping the amount in ...

Section 54F exemption under Income Tax Act valid even if capital gains are in regular account, if used timely.

January 25, 2018

Case Laws Income Tax AT

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