Deduction u/s. 54 - the question of deposit of unutilised ...

Capital gains used for house construction u/s 54 need not be deposited in a special bank account.

January 6, 2020

Case Laws Income Tax AT

Deduction u/s. 54 - the question of deposit of unutilised capital gain will come up for consideration only when the capital gain is not utilised in construction of house property and when it is so utilised for construction of house property, then there is no need to make a deposit in the specified bank account

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Deduction u/s. 54 - the question of deposit of unutilised ...

Capital gains used for house construction u/s 54 need not be deposited in a special bank account.

January 6, 2020

Case Laws Income Tax AT

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