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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Deduction u/s 54 - Purchase of the new flat by the assessee will ...

Case Laws     Income Tax

August 30, 2012

Deduction u/s 54 - Purchase of the new flat by the assessee will be treated on the date when the assessee has received the possession after it is constructed and not on the date of agreement for purchase when the flat itself was not in existence. Claim u/s 54 allowed - AT

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