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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Exemption u/s 54/54F - The assessee should not own more than one ...

Case Laws     Income Tax

August 31, 2018

Exemption u/s 54/54F - The assessee should not own more than one residential house, other than the new asset. The word used in the section is the residential house but not the commercial property. - Similarly, the property, of the wife cannot be attached to the assessee for the purpose of disallowing the deduction u/s 54F

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