Deduction u/s 54F - assessee purchased two properties - the ...

Assessee Denied Deduction u/s 54F for Purchasing Two Properties Within One Year of Asset Transfer.

August 5, 2019

Case Laws Income Tax AT

Deduction u/s 54F - assessee purchased two properties - the requirement of the proviso is that if the assessee purchases any residential house other than the new asset within the period of one year after the date of transfer of original asset, deduction is not allowable u/s. 54F (1) - hence assessee is not eligible for deduction

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Deduction u/s 54F - assessee purchased two properties - the ...

Assessee Denied Deduction u/s 54F for Purchasing Two Properties Within One Year of Asset Transfer.

August 5, 2019

Case Laws Income Tax AT

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