LTCG - Deduction u/s 54 - The claim of the assessee for ...

Assessee's Deduction Claim Rejected for Section 54 Due to Non-Deposit in Capital Gain Account, Revenue Objection Not Justified.

November 9, 2019

Case Laws Income Tax HC

LTCG - Deduction u/s 54 - The claim of the assessee for deduction of the disputed sum towards the additional construction cost was rejected only on the ground that the said sum was not deposited in the capital gain account. In view of findings Revenue is not justified in making such objection.

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LTCG - Deduction u/s 54 - The claim of the assessee for ...

Assessee's Deduction Claim Rejected for Section 54 Due to Non-Deposit in Capital Gain Account, Revenue Objection Not Justified.

November 9, 2019

Case Laws Income Tax HC

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