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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Deduction u/s 54F - dis-allowance on the ground that the ...

Case Laws     Income Tax

December 16, 2019

Deduction u/s 54F - dis-allowance on the ground that the construction of house was not completed within the stipulated period - once the assessee has produced the evidence in support of his claim of construction of new residential house and house was actually constructed as existed at the plot of land, then the claim of the assessee cannot be denied on mere suspicion or doubt.

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