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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Determination of LTCG - once the net sale consideration has been ...


LTCG Calculation: Section 54F Net Sale Consideration Rules Override Deemed Consideration from Section 50C.

November 14, 2018

Case Laws     Income Tax     AT

Determination of LTCG - once the net sale consideration has been fully applied under the provisions of section 54F, then the deeming consideration as defined u/s. 50C cannot be brought into the provisions of section 54F

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