Exemption u/s 54F - assessee hold the the asset for more than 36 ...
Court Confirms Long-Term Capital Gains Exemption u/s 54F Based on Asset Holding from Allotment Date.
June 22, 2019
Case Laws Income Tax AT
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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