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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Eligibility of benefit u/s 54 - re-investment in residential ...


High Court Rules Section 54 Tax Benefits Apply to Overseas Property Reinvestment, Including London, as Amendment is Prospective.

September 27, 2019

Case Laws     Income Tax     HC

Eligibility of benefit u/s 54 - re-investment in residential property outside India, i.e. in London in this particular case - the said amendment is prospective and would not apply in the facts of the present case - HC

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