Claim for exemption u/s.54F - LTCG - Since the assessee had ...

Assessee eligible for Section 54F exemption on LTCG; no need for Capital Gains Account deposit after timely house investment.

April 3, 2018

Case Laws Income Tax AT

Claim for exemption u/s.54F - LTCG - Since the assessee had invested in the new residential house within the time limits specified under the Act, the question of depositing the consideration received on the sale of the property in an account under the Capital Gains Account Scheme does not arise. - AT

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Claim for exemption u/s.54F - LTCG - Since the assessee had ...

Assessee eligible for Section 54F exemption on LTCG; no need for Capital Gains Account deposit after timely house investment.

April 3, 2018

Case Laws Income Tax AT

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