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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

If the assessee invests the entire consideration in construction ...

Case Laws     Income Tax

November 22, 2018

If the assessee invests the entire consideration in construction of the residential house within three years from the date of transfer he cannot be denied deduction u/s 54F of the Act on the ground that he did not deposit the said amount in capital gain account scheme before the due date prescribed u/s 139(1) of the Act.

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