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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Exemption u/s 54F - assessee hold the the asset for more than 36 ...

Case Laws     Income Tax

June 22, 2019

Exemption u/s 54F - assessee hold the the asset for more than 36 months from the date of allotment of the property - no justification to treat capital gain as STCG by considering the holding period from the date of registration of the property instead of date of allotment - LTCG - exemption allowable

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