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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Deduction claimed u/s 54F of the Income Tax Act – long term ...


Taxpayer Claims Section 54F Deduction for Jointly Purchased Property; Entitled to Benefit on Total Investment.

June 12, 2012

Case Laws     Income Tax     AT

Deduction claimed u/s 54F of the Income Tax Act – long term capital gain – purchase of new property jointly in the names of the assessee and his wife - assessee is entitled to benefit of sec. 54F with reference to the total investment - AT

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